Market Insight: May 27, 2013


Africa

•  Vendanta Zambian unit to cut 2,000 jobs on copper price drop
•  Zambian State Mining Company faces calls for exchange listing

Nigeria

•  ASI +2.41%, $24.31mill
•  Dangote Cement drove the market higher on Friday, gaining 7.71%

Kenya

•  NSE20 +0.18%, $4.783.4mill
•  Kenya Airways starts marketing $2bn loan with Afreximbank

Botswana

•  DCI unch, $744k

Egypt

•  EGX30 -81bps, $21mill

Mauritius

•  Semdex -24bps, $1.01m

South Africa

•  Top40 +36bps, $1.25bn

Zambia

•  LuSE +126bps, $26k

Zimbabwe

•  Ind +16bps, mining unch, $1.36mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.55

-11.35

Nigeria

NGN

158.01

-1.18

Kenya

KES

84.30

+2.14

Mauritius

MUR

31.30

-2.08

Botswana

BWP

8.42

+8.17

Tanzania

TZS

1630.00

-2.76

Uganda

UGX

2595.00

+3.19

Rwanda

RWF

639.98

-1.33

Ghana

GHS

1.99

-4.56

BRVM

XOF

510.09

-2.12

Egypt

EGP

6.98

-8.85

Morocco

MAD

8.60

-1.68

Tunisia

TND

1.65

-6.12

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