Market Insight: May 23, 2013


Africa

•  Ghana Central Bank unexpectedly raises interest rate to 16%
•  Ghana producer prices rise 10.2% in April
•  Sierra Leone inflation rate falls to 11.47% in April
•  Mugabe signs new Zimbabwe Constitution, paving way for vote

Nigeria

•  ASI +0.72%, $25.78mill
•  Rather quiet for most of the session yesterday with activity picking up in the last half hour of trade
•  Consumer stocks strong again with the Consumer Goods Index gaining 0.29%

Kenya

•  NSE20 +0.10%, $19.1mill
•  A large cross in Britam drove activity yesterday

Botswana

•  DCI unch, $3.5mill

Egypt

•  EGX30 +17bps, $30mill

Mauritius

•  Semdex unch, $1.57mill

South Africa

•  Top40 +2bps, $1.67bn

Zambia

•  LuSE +12bps, $7.8k

Zimbabwe

•  Ind +70bps, mining -120bps, $2.13mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.56

-11.40

Nigeria

NGN

158.34

-1.38

Kenya

KES

84.50

+1.89

Mauritius

MUR

31.15

-1.93

Botswana

BWP

8.37

+7.63

Tanzania

TZS

1628.00

-2.64

Uganda

UGX

2615.00

+2.40

Rwanda

RWF

640.18

-1.36

Ghana

GHS

1.99

-4.50

BRVM

XOF

511.38

-2.35

Egypt

EGP

6.98

-8.86

Morocco

MAD

8.62

-1.80

Tunisia

TND

1.65

-6.10

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