Market Insight: October 21, 2013


Africa

•  Ghanaian Power Utility plans $500m bonds to increase capacity
•  IMF says Ethiopia growth may slow without shift in policy
•  Zimbabwe forecasts 7.3% average growth over next five years

Nigeria

•  ASI +0.23%, $30.04m
•  Large pre-arranged cross in Zenith and early cross in FBNH the bulk of the daily turnover while Banks rose by 60bps and Consumers grew by 1.67%

Kenya

•  NSE20 +0.60%, $5.7m
•  Large foreign activity on both sides of Safcom increasing volumes
•  Please remember that Kenya is closed today for a national holiday
•  Kenya starts new community-based security plan after mall attack

Botswana

•  DCI +1bp, $2.33m

Egypt

•  Closed

Mauritius

•  Semdex +7bps, $21.4m

South Africa

•  Top40 +27bps, $1.52bn

Zimbabwe

•  Ind +72bps, Mining +3.53%, $680k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.75

-13.13

Nigeria

NGN

159.90

-2.34

Kenya

KES

84.70

+1.65

Mauritius

MUR

30.40

+0.49

Botswana

BWP

8.40

+7.99

Tanzania

TZS

1610.00

-1.55

Uganda

UGX

2515.00

+6.47

Rwanda

RWF

670.59

-5.84

Ghana

GHS

2.19

-13.04

BRVM

XOF

481.80

+3.61

Egypt

EGP

6.89

-7.69

Morocco

MAD

8.20

+3.15

Tunisia

TND

1.63

-5.06

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