Market Insight: May 30, 2014


Africa

•  Ghana has not ruled out seeking IMF bailout
•  Zimbabwe power plant disruption cuts supply across country
•  Zimbabwean banks resume interbank lending
•  Mauritius business chamber sees 2014 economic grpwth at 3.4%

Nigeria

•  Closed yesterday

Kenya

•  NSE20 +20bps, $29.7mill
•  A large cross in KNCB drove activity yesterday

Botswana

•  Closed yesterday

Egypt

•  EGX30 -345bps, $186mill

Mauritius

•  Semdex +48bps, $4.15mill

Zimbabwe

•  Ind +35bps, $2.99mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.43

+0.52

Nigeria

NGN

162.65

-1.44

Kenya

KES

87.85

-1.76

Mauritius

MUR

30.25

-0.66

Botswana

BWP

8.75

-0.14

Tanzania

TZS

1663.00

-4.39

Uganda

UGX

2547.00

-1.17

Rwanda

RWF

684.28

-1.21

Ghana

GHS

3.05

-22.13

BRVM

XOF

485.21

-1.06

Egypt

EGP

7.15

-2.86

Morocco

MAD

8.25

-0.80

Tunisia

TND

1.63

+0.89

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  • South Africa +27 11 243 9030

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