Market Insight: October 15, 2013


Africa

•  Uganda’s coffee exports rose to a 15-year high in 2013/ 2013
•  Tanzania to sell 10-year bond to raise 47.2bn Shillings in October

Nigeria

•  ASI +0.16%, $18.51mill
•  Rather quiet yesterday ahead of the two day Eid holiday
•  Sanusi says Nigeria’s surplus is buffer against Fed policy
•  The market will be closed today and tomorrow for the Eid celebrations

Kenya

•  NSE20 -0.07%, $6.3mill
•  Safcom once again drove activity
•  Kenya to as UN Security Council for 1-year halt to ICC cases

Botswana

•  DCI +3bps, $6.4mill

Egypt

•  Closed yesterday

Mauritius

•  Semdex -21bps, $403k

South Africa

•  Top40 +30bps, $1.26bn

Zimbabwe

•  Ind +41bps, mining +502bps, $276k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.60

-14.93

Nigeria

NGN

160.10

-2.47

Kenya

KES

85.00

+1.29

Mauritius

MUR

30.50

+0.16

Botswana

BWP

8.52

+9.45

Tanzania

TZS

1610.00

-1.55

Uganda

UGX

2539.00

+5.46

Rwanda

RWF

671.04

-5.90

Ghana

GHS

2.19

-13.04

BRVM

XOF

485.64

+2.80

Egypt

EGP

6.88

-7.63

Morocco

MAD

8.26

+2.47

Tunisia

TND

1.64

-5.44

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