Market Insight: November 01, 2012


African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.69

-6.96

Nigeria

NGN

157.06

+3.34

Kenya

KES

85.20

-0.15

Mauritius

MUR

30.85

-4.86

Botswana

BWP

7.88

+5.52

Tanzania

TZS

1595.00

-0.82

Uganda

UGX

2577.50

-3.78

Rwanda

RWF

627.17

-3.67

Ghana

GHS

1.89

-13.27

BRVM

XOF

507.96

+0.18

Egypt

EGP

6.11

-1.36

Morocco

MAD

8.58

+0.11

Tunisia

TND

1.57

-4.68

Africa

•  Angola plans $2bn sale of bonds as market conditions improve
•  Zambia Central Bank raises benchmark interest rate for first time since introduction, to 9.25%

Nigeria

•  ASI -1.15%, $14.21m
•  Rather dull day in Lagos with a lot of red on the screens as investors lock in profits before month end

Kenya

•  NSE20 +0.10%, $5.9
•  Another active day to close the month with foreign investors active on both sides
•  Kenyan inflation slows for 11th consecutive month to 4.1%, strengthening calls for further rate cuts

Botswana

•  DCI +0.38%, $505k

Egypt

•  EGX30 -1.25%, $66m

Mauritius

•  Semdex +0.08%, $1.87m

South Africa

•  Top40 +0.02%, $1.4bn

Zambia

•  LuSE -0.38%, $13k

Zimbabwe

•  Ind +0.58%, Mining +0.42%, $3.06m
 

contacts
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  • South Africa +27 11 268 5833