Market Insight: November 20, 2014


Africa

•  Bank of Zambia raises benchmark rate by half a point to 12.5%
•  Ghana targets lower budget gap next year as Cedi stabilizes

Nigeria

•  ASI -217bps, $19.4mill
•  A better day yesterday with a few crosses in the bigger names
•  DangCem (-5.00%) was a big drag on the market

Kenya

•  NSE20 +16bps, $8.3mill
•  A better day yesterday with increased foreign participation

Botswana

•  DCI -20bps, $78k

Mauritius

•  Semdex -17bps, $3.66mill

Zimbabwe

•  Ind -3bps, $706k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.05

-5.12

Nigeria

NGN

173.95

-7.85

Kenya

KES

90.20

-4.32

Mauritius

MUR

31.60

-4.91

Botswana

BWP

9.19

-4.94

Tanzania

TZS

1729.50

-8.07

Uganda

UGX

2745.00

-7.94

Rwanda

RWF

698.13

-3.17

Ghana

GHS

3.18

-25.43

BRVM

XOF

525.63

-8.66

Egypt

EGP

7.14

-2.83

Morocco

MAD

8.79

-6.96

Tunisia

TND

1.82

-9.85

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