Market Insight: November 14, 2012

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.78

-7.87

Nigeria

NGN

157.87

+2.80

Kenya

KES

85.45

-0.44

Mauritius

MUR

31.05

-5.48

Botswana

BWP

7.89

+5.64

Tanzania

TZS

1594.00

-0.75

Uganda

UGX

2602.50

-4.71

Rwanda

RWF

628.49

-3.88

Ghana

GHS

1.87

-12.63

BRVM

XOF

518.59

-1.88

Egypt

EGP

6.10

-1.15

Morocco

MAD

8.72

-1.56

Tunisia

TND

1.59

-5.98

 

 

 

 

Africa

•  Ghana May Hold Rate as Inflation Trumps Election Concern
•  Ivory Coast Announces Issuance of $186.7m of Additional Bonds
•  Zimbabwe Diamond Embargo Costs Nation $30 Million, Mpofu Says

Nigeria

•  ASI -1.2%, $14mill
•  November seems to be the month of quiet trading in Nigeria as volumes are dire and selling pressure evident across the board
•  Nigeria’s Lagos State Starts Price Discovery on Bond Sale

Kenya

•  NSE20 +0.11%, $8mill
•  A buoyant day of activity in Nairobi led by EABL with a number of block trades going through in the name
•  Kenyan Coffee Prices Rise for First Time in Five Weeks on Supply
•  Kenya Seeks Tenders to Develop Mobile-Phone Bond-Trading System
•  Standard Chartered Bank Kenya Says Rights Offer Subscribed 258%

Botswana

•  DCI +46bps, $2mill

Egypt

•  EGX30 +81bps, $57mill

Mauritius

•  Public holiday

South Africa

•  Top40 -20bps, $1.97bn

Zambia

•  LuSE -180bps, $2.4k

Zimbabwe

•  Ind +18bps, mining unch, $337k
 

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