Market Insight: November 20, 2013


Africa

•  Standard Bank weighs Ivory Coast unit for West Africa base
•  Ghana’s Terkper targets narrowing budget gap to 8.5% in 2014

Nigeria

•  ASI +0.53%, $30.33mill
•  Another active day yesterday thanks to some large crosses and good two-way flow
•  The Central Bank held the key rate unchanged at 12.00%

Kenya

•  NSE20 -0.11%, $5.8mill
•  10-month new vehicle sales jumped 13% to 11,762
•  Kenya plans to lower power tariffs by 23% in three years

Botswana

•  DCI +14bps, $369k

Egypt

•  EGX30 +104bps, $93mill

Mauritius

•  Semdex -11bps, $1.02mill

South Africa

•  Top40 -63bps, $1.22bn

Zimbabwe

•  Ind -4bps, mining -102bps, $1.29mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.15

-16.54

Nigeria

NGN

158.96

-1.77

Kenya

KES

86.40

-0.35

Mauritius

MUR

30.55

unch

Botswana

BWP

8.59

-9.53

Tanzania

TZS

1610.00

-1.55

Uganda

UGX

2522.00

+6.17

Rwanda

RWF

674.53

-6.38

Ghana

GHS

2.26

-15.92

BRVM

XOF

487.66

+2.41

Egypt

EGP

6.88

-7.57

Morocco

MAD

8.28

+2.18

Tunisia

TND

1.67

-7.26

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