Market Insight: November 01, 2013


Africa

•  ASI +0.39%, $25.1m

Nigeria

•  ASI +0.39%, $25.1m
•  Aggressive foreign buying in banks (+1.13%) and consumers (+1.84%) drove the index higher into month end

Kenya

•  NSE20 +0.44%, $9.7m
•  Chunky activity in the banks after KNCB 2013 Q3 results while Safcom also strong demand from foreign investors (+2.2%)
•  Kenya plans to spend up to $15bn expanding power network to help accelerate growth

Botswana

•  DCI +10bps, $4.16m

Egypt

•  EGX30 +31bps, $68m

Mauritius

•  Semdex +39bps, $1.13m

South Africa

•  Top40 -20bps, $1.29bn

Zimbabwe

•  Ind -9bps, Mining +9.09%, $1.47m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.00

-15.30

Nigeria

NGN

158.80

-1.67

Kenya

KES

85.35

+0.88

Mauritius

MUR

30.10

+1.49

Botswana

BWP

8.53

+9.60

Tanzania

TZS

1605.00

-1.25

Uganda

UGX

2524.32

+6.08

Rwanda

RWF

670.14

-5.77

Ghana

GHS

2.22

-14.21

BRVM

XOF

483.10

+3.00

Egypt

EGP

6.88

-7.62

Morocco

MAD

8.24

+2.65

Tunisia

TND

1.64

-5.43

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