Market Insight: November 08, 2013


Nigeria

•  ASI unch, $35.3m
•  Robust activity with some chunky crosses in various names going through. Consumers remain well bid (+1.14%) as foreign and local demand drive the sector

Kenya

•  NSE20 +55bps, $6.6m
•  Safcom (+1.4%, KES 9.85) yet again dominating proceedings with foreign investors on both sides
•  KenGen to quadruple its shares with $1.65bn rights offer
•  ARM Cement considering selling Eurobonds to fund $300m expansion plans

Botswana

•  DCI +6bps, $466k

Egypt

•  EGX30 +71bps, $109m

Mauritius

•  Semdex +22bps, $1.59m

South Africa

•  Top40 -29bps, $1.34bn

Zimbabwe

•  Ind +56bps, Mining unch, $2.36m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.27

-17.52

Nigeria

NGN

158.65

-1.57

Kenya

KES

85.55

+0.64

Mauritius

MUR

30.75

-0.65

Botswana

BWP

8.67

+11.41

Tanzania

TZS

1608.00

-1.43

Uganda

UGX

2520.00

+6.26

Rwanda

RWF

672.00

-6.03

Ghana

GHS

2.23

-14.79

BRVM

XOF

494.21

+1.06

Egypt

EGP

6.89

-7.64

Morocco

MAD

8.37

+1.06

Tunisia

TND

1.66

-7.08

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