Market Insight: November 07, 2013


Africa

•  Vendanta’s Zambia unit sues tax authority over $586m bill
•  Ghana to get $1bn in financing from Brazil for projects
•  Kenya, Uganda and Rwanda agree to introduce single tourist visa

Nigeria

•  ASI +0.19%, $30.79mill
•  A large cross in Zenith drove activity yesterday

Kenya

•  NSE20 +0.72%, $10.4mill
•  Safcom dominated activity after reporting H1 2014 results the day before
•  Kenya’s Ndgun’u sees inflation slower as Shilling stabilizes

Botswana

•  DCI unch, $29k

Egypt

•  EGX30 +238bps, $138mill

Mauritius

•  Semdex -3bps, $830k

South Africa

•  Top40 +107bps, $1.51bn

Zimbabwe

•  Ind -28bps, mining +201bps, $1.02mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.23

-17.23

Nigeria

NGN

158.40

-1.42

Kenya

KES

85.35

+0.88

Mauritius

MUR

30.50

+0.16

Botswana

BWP

8.63

+10.97

Tanzania

TZS

1606.00

-1.31

Uganda

UGX

2516.75

+6.40

Rwanda

RWF

666.65

-6.28

Ghana

GHS

2.23

-14.79

BRVM

XOF

484.47

+3.05

Egypt

EGP

6.88

-7.62

Morocco

MAD

8.28

+2.19

Tunisia

TND

1.65

-6.06

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