Market Insight: May 22, 2014


Africa

•  Senegal hiring banks for $500m Eurobond by July
•  StanChart to open in four new African markets in 2014; Nigeria, Ghana, Kenya and Zambia

Nigeria

•  ASI -15bps, $63.9m
•  Massive day thanks to 2 huge crosses in Zenith Bank and GTB – both local sellers

Kenya

•  NSE20 -37bps, $17.3m
•  Chunky day as foreigners active on the sell side

Botswana

•  DCI +11bps, $58k

Egypt

•  EGX30 -36bps, $121m

Mauritius

•  Semdex +11bps, $1.56m

Zimbabwe

•  Ind -65bps, $5.14m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.40

+0.80

Nigeria

NGN

162.35

-1.26

Kenya

KES

87.80

-1.71

Mauritius

MUR

30.10

-0.17

Botswana

BWP

8.70

-0.44

Tanzania

TZS

1652.50

-3.78

Uganda

UGX

2527.00

0.00

Rwanda

RWF

684.28

-1.21

Ghana

GHS

2.93

-19.08

BRVM

XOF

483.03

+0.59

Egypt

EGP

7.12

-2.50

Morocco

MAD

8.22

-0.43

Tunisia

TND

1.63

+1.07

contacts
  • Bermuda +1 441 278 7620
  • South Africa +27 11 268 5833