Market Insight: November 07, 2012

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.67

-6.71

Nigeria

NGN

157.11

+3.30

Kenya

KES

85.55

-0.56

Mauritius

MUR

31.15

-5.78

Botswana

BWP

7.90

+5.77

Tanzania

TZS

1592.00

-0.63

Uganda

UGX

2583.00

-3.99

Rwanda

RWF

627.90

-3.79

Ghana

GHS

1.88

-12.82

BRVM

XOF

514.60

-1.13

Egypt

EGP

6.11

-1.40

Morocco

MAD

8.67

-0.93

Tunisia

TND

1.58

-5.64

Africa

•  Zimbabwe’s $30mill T-Bill sale fails after Biti issues ultimatum to banks

Nigeria

•  ASI +0.48%, $17.27m
•  Still subdued activity in Nigeria, BNK10 +1.27% with Tier 1 names putting in mixed performance
•  Sinopec said to be close to buying stakes in Nigerian onshore oil blocks from Total SA

Kenya

•  NSE20 -0.01%, $3.68m
•  Slow day in Nairobi with Equity Bank +1.03% after releasing Q3 results
•  Kenya Central Bank due to publish rates decision later today, expectation is for a 3rd rate cut in effort to stimulate growth

Botswana

•  DCI +0.04%, $2.5m

Egypt

•  EGX30 +1.78%, $57m

Mauritius

•  Semdex -0.05%, $1.05m

South Africa

•  Top40 +0.02%, $1.22bn

Zambia

•  LuSE -1.41%, $45k

Zimbabwe

•  Ind -0.01%, Mining -3.60%, $672k
 

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