Market Insight: October 05, 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

•  - IFC plans to boost Africa investment to $3.4bn in 2013
•  - According to the World Bank sub-Saharan Africa growth will slow as the global economy weakens
•  - Zimbabwe said to reject all bids at first T-Bill sale since 2008

Nigeria

•  - ASI +1.00%, USD 202.99m
•  - Volume was skewed thanks to the 3.16bn share cross in Dangote Flour ($188m)
•  - First Bank rose to a 19-month high yesterday on limit increase

Kenya

•  - NSE 20 +0.06%, USD 12.2mill
•  - Another very active day thanks to a large cross in EABL with both the buyer and the seller being foreign
•  - Kenya Equity Bank names Kipng’etich as Chief Operating Officer

Botswana

•  +13ps, $4.9m (cross in Letshego)

Egypt

•  EGX30 +124bps, $109m

Mauritius

•  Semdex -4bps, $1.12m

South Africa

•  Top 40 +41bps, $1.40bn

Zambia

•  LuSE +14bps, $197k

Zimbabwe

•  Industrial Index +123bps, Mining Index +43bps, $955k
 

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