Market Insight: November 14, 2013


Africa

•  Delta of Zimbabwe released H1 results last night, showing revenues up 5% with bottom line up 12% (better than expected)

Nigeria

•  ASI -90bps, $20.81m
•  A very dull day as aggressive profit takers hit the liquid stocks with banks (-49bps) and consumers (-2.12%) really taking a knock

Kenya

•  NSE20 -0.10%, $7.2m
•  Locals dominated the entire market particularly in KNCB as foreign investors largely absent
•  A very dull day as aggressive profit takers hit the liquid stocks with banks (-49bps) and consumers (-2.12%) really taking a knock

Botswana

•  DCI +3bps, $768k

Egypt

•  EGX30 -1.29%, $73m

Mauritius

•  Semdex +54bps, $1.08m

South Africa

•  Top40 -2.02%, $1.96bn

Zimbabwe

•  Ind +8bps, Mining +98bps, $1.24m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.34

-18.09

Nigeria

NGN

159.45

-2.07

Kenya

KES

86.35

-0.29

Mauritius

MUR

30.55

unch

Botswana

BWP

8.73

+12.19

Tanzania

TZS

1610.00

-1.55

Uganda

UGX

2520.50

+6.24

Rwanda

RWF

673.80

-6.28

BRVM

XOF

487.95

+2.32

Egypt

EGP

6.88

-7.60

Morocco

MAD

8.35

+1.32

Tunisia

TND

1.66

-6.80

contacts
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  • South Africa +27 11 268 5833