Market Insight: October 09, 2012


African Currencies

 
Country
Notation
Currency
YTD %
 
South Africa
ZAR
8.8818
-8.93
 
Nigeria
NGN
157.1375
+3.29
 
Kenya
KES
84.85
+0.26
 
Mauritius
MUR
30.80
-4.71
 
Botswana
BWP
7.9586
+6.49
 
Tanzania
TZS
1574.00
+0.51
 
Uganda
UGX
2575.00
-3.69
 
Rwanda
RWF
624.2898
-3.23
 
Ghana
GHS
1.8905
-13.28
 
BRVM
XOF
507.77
+0.20
 
Egypt
EGP
6.0965
-1.06
 
Morocco
MAD
8.5788
+0.14
 
Tunisia
TND
1.5688
-4.51

Africa

•  Blackstone plans to start investing $3bn in energy projects in Africa as demand for power in Africa increases
•  BAT Zimbabwe offers 21% stake in effort to meet government equity laws
•  IMF lifts Africa’s growth forecast to 5.7% in 2013 as commodity prices rise

Nigeria

•  ASI +77bps, $10.45mill. Quiet day in Lagos with US Columbus Day holiday. Earnings season expected to begin later in the week

Kenya

•  NSE20 -10bps, $1.83mill

Botswana

•  DCI +14bps, $113k

Egypt

•  EGX30 -2.42%, $97mill

Mauritius

•  Semdex +4bps, $720k

South Africa

•  Top40 -55bps, $1.57bn

Zambia

•  LuSE unch, $25k

Zimbabwe

•  Ind +80bps, Mining +79bps, $1.2mill
 

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