Market Insight: November 25, 2013


Africa

•  Ghana seeks $2.5bn investment to double capacity of ports
•  Zimbabwe plans new law to boost mine industry development

Nigeria

•  ASI +32bps, $49.48m
•  Mammoth day to end a busy week as foreign and local demand remains firm, Banks (+52bps) and Consumers (+64bps) still very strong. Oando and Transcor continue to rally hard
•  President Jonathan to return home to Nigeria after receiving treatment in London
•  Computer Warehouse Group plans fundraising after share listing

Kenya

•  NSE20 +1bp, $8.7m
•  Foreign investors returned to both sides in Nairobi as some active foreign trading in Safcom, BRIT and EABL spiked up volumes

Botswana

•  DCI +7bps, $515k

Egypt

•  Closed

Mauritius

•  Semdex -18bps, $1.55m

South Africa

•  Top40 -75bps, $1.41bn

Zimbabwe

•  Ind -22bps, Mining +3.78%, $2.91m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.08

-15.95

Nigeria

NGN

158.61

-1.55

Kenya

KES

86.75

-0.75

Mauritius

MUR

30.50

+0.16

Botswana

BWP

8.59

-9.45

Tanzania

TZS

1610.00

-1.55

Uganda

UGX

2519.25

+6.29

Rwanda

RWF

674.74

-6.41

Ghana

GHS

2.26

-15.96

BRVM

XOF

487.83

+2.31

Egypt

EGP

6.88

-7.53

Morocco

MAD

8.29

+2.09

Tunisia

TND

1.67

-7.32

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