Market Insight: November 07, 2014


Nigeria

•  ASI -4.07%, $50.1m
•  Very active day as the pummeling continues in Lagos, banks -3.51% while consumers lost 4.14%
•  Naira falls to record low on back of speculation that currency may be devalued because of lower oil prices

Kenya

•  NSE20 -49bps, $6.8m
•  Dull day in Nairobi
•  NSE looking into removing the 75% foreign ownership limits

Botswana

•  DCI unch, $1.45m

Mauritius

•  Semdex -12bps, $2.11m

Zimbabwe

•  Ind -71bps, $683k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.13

-5.78

Nigeria

NGN

169.98

-5.69

Kenya

KES

89.75

-3.84

Mauritius

MUR

31.45

-4.45

Botswana

BWP

9.26

-5.51

Tanzania

TZS

1706.50

-6.83

Uganda

UGX

2695.00

-6.23

Rwanda

RWF

689.62

-1.98

Ghana

GHS

3.21

-26.13

BRVM

XOF

531.18

-9.61

Egypt

EGP

7.15

-2.86

Morocco

MAD

8.88

-7.86

Tunisia

TND

1.83

-10.27

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