Market Insight: October 02, 2012


African Currencies

 
Country
Notation
Currency
YTD %
 
South Africa
ZAR
8.2721
-2.09
 
Nigeria
NGN
157.20
+3.24
 
Kenya
KES
85.33
-0.30
 
Mauritius
MUR
30.40
-3.45
 
Botswana
BWP
7.6191
+1.94
 
Tanzania
TZS
1574.00
+0.51
 
Uganda
UGX
2540.00
-2.36
 
Rwanda
RWF
622.3579
-2.93
 
Ghana
GHS
1.8940
-13.44
 
BRVM
XOF
510.0161
-0.24
 
Egypt
EGP
6.0958
-1.05
 
Morocco
MAD
8.6529
+0.70
 
Tunisia
TND
1.5761
-4.96

Africa

•  Zimbabwe’s National Railways is 5 months behind paying salaries to more than 7,000 employees due to weakening economy
•  Produce Buying Co, Ghana’s biggest purchaser of cocoa, beats light-crop harvest target by 13% as weather improved

Kenya

•  NSE20 -37bps, $3.5mill
•  Equity Bank cuts main lending rate to 19%

Botswana

•  Closed Monday and Tuesday

Egypt

•  EGX30 -2.95%, $140mill

Mauritius

•  Semdex -19bps, $912k

South Africa

•  Top40 +1.8%, $1.3bn

Zambia

•  LuSE -12bps, $131k

Zimbabwe

•  Ind +90bps, Mining unch, $859k
 

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