Market Insight: May 24, 2013


Africa

•  Ghana says it plans to sell as much as $1bn in Eurobonds in July
•  South Africa keeps key interest rates as 5% as Rand plummets
•  Ivory Coast power utility plans exports as recovery spurs profit

Nigeria

•  ASI -2.12%, $35.82mill
•  After a slow start activity picked up thanks to Nestle and a number of the large banks

Kenya

•  NSE20 -0.53%, $3.7mill
•  Activity slowed down yesterday on the back of global risk aversion

Botswana

•  DCI unch, $663k

Egypt

•  EGX30 -135bps, $29mill

Mauritius

•  Semdex -5bps, $550k

South Africa

•  Top40 -267bps, $1.7bn

Zambia

•  LuSE +12bps, $6.7k

Zimbabwe

•  Ind +18bps, mining +83bps, $1.2mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.54

-11.20

Nigeria

NGN

158.30

-1.36

Kenya

KES

84.35

+2.07

Mauritius

MUR

31.30

-2.40

Botswana

BWP

8.44

+8.49

Tanzania

TZS

1625.00

-2.46

Uganda

UGX

2618.00

+2.28

Rwanda

RWF

650.05

-2.86

Ghana

GHS

1.99

-4.58

BRVM

XOF

510.41

-2.18

Egypt

EGP

6.98

-8.84

Morocco

MAD

8.61

-1.72

Tunisia

TND

1.65

-6.29

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