Market Insight: October 16, 2014


Africa

•  Zimbabwe readies agency to tackle bad debts as high as 90%
•  Ghana banks resuscitate Dollar trading after 15-month hiatus

Nigeria

•  ASI -102bps, $25.3mill
•  Banks continued to come under pressure yesterday with the Index falling -1.30%

Kenya

•  NSE20 +11bps, $18.8mill
•  Big crosses in BATK and EABL drove activity

Botswana

•  DCI +1bps, $98k

Mauritius

•  Semdex -19bps, $2.12mill

Zimbabwe

•  Ind -6bps, $948k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.01

-4.90

Nigeria

NGN

164.48

-2.54

Kenya

KES

89.25

-3.31

Mauritius

MUR

31.35

-4.15

Botswana

BWP

9.15

-4.37

Tanzania

TZS

1687.00

-4.87

Uganda

UGX

2680.00

-5.71

Rwanda

RWF

692.25

-2.35

Ghana

GHS

3.21

-26.14

BRVM

XOF

517.56

-7.12

Egypt

EGP

7.14

-2.82

Morocco

MAD

8.70

-5.80

Tunisia

TND

1.79

-8.09

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