Market Insight: November 15, 2012


African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.86
-8.79

Nigeria

NGN

157.71
+2.91

Kenya

KES

85.60
-0.62

Mauritius

MUR

31.15
-5.78

Botswana

BWP

8.00
+7.04

Tanzania

TZS

1597.00
-0.94

Uganda

UGX

2607.50
-4.89

Rwanda

RWF

628.70
-3.91

Ghana

GHS

1.88
-12.85

BRVM

XOF

517.16
-1.62

Egypt

EGP

6.10
-1.12

Morocco

MAD

8.70
-1.35

Tunisia

TND

1.59
-6.00

 

 

 

 

Africa

•  MCB announces interim dividend of Rs 2,75 per share, as attached
•  As expected, Ghana Central Bank keeps key interest rate unchanged at 15%
•  Ivory Coast government dissolved after members of the ruling coalition oppose new law

Nigeria

•  ASI +21bps, $14.95m
•  Another quiet day as absence of any specific catalyst to reignite the NSE

Kenya

•  NSE20 +2bps, $4.12m
•  Slower day in Kenya with local activity in Safcom the primary focus
•  Kenyan banks seek meeting with Central Bank to discuss proposed guidelines for FX trading

Botswana

•  DCI -0.04%, $170k

Egypt

•  EGX30 -0.38%, $60m

Mauritius

•  Semdex -0.26%, $2.27m

South Africa

•  Top40 -0.41%, $1.61bn

Zambia

•  LuSE +0.26%, $18k

Zimbabwe

•  Ind -0.16%, Mining unch, $1.8m
 

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