Market Insight: October 01, 2013


Africa

•  Mauritius leaves key rate at record low (4.65%)
•  Malawi central bank holds benchmark interest rate at 25%

Nigeria

•  ASI +0.41%, $18.99mill
•  X-Gen went live yesterday with one or two small teething problems
•  The market is closed today for a public holiday

Kenya

•  NSE20 +0.53%, $6.5mill
•  Locals drove activity yesterday
•  Inflation breached the central bank’s target and climbed to 8.3% in September

Botswana

•  Closed yesterday

Egypt

•  EGX30 -83bps, $72mill

Mauritius

•  Semdex +13bps, $2.89mill

South Africa

•  Top40 -82bps, $1.48bn

Zimbabwe

•  Ind +105bps, mining +78bps, $464k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.06

-15.75

Nigeria

NGN

161.55

-3.34

Kenya

KES

86.10

unch

Mauritius

MUR

30.40

+0.49

Botswana

BWP

8.56

+10.02

Tanzania

TZS

1605.00

-1.25

Uganda

UGX

2560.00

+4.60

Rwanda

RWF

663.08

-4.77

Ghana

GHS

2.18

-12.64

BRVM

XOF

487.60

+2.40

Egypt

EGP

6.89

-7.66

Morocco

MAD

8.28

+2.23

Tunisia

TND

1.64

-5.77

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