Market Insight: October 22, 2013


Africa

•  Ghana Finance Minister Terkper seeks budget gap below 9% in 2014
•  Zimbabwe needs $5.3bn to expand Platinum industry
•  Zimbabwe to act against Duration Gold on black-ownership laws

Nigeria

•  ASI -20bps, $24.45m
•  Chunky crossing in the banks the main talking point although the Banks closed down 42bps
•  NSE targeting 500 companies for IPOs in $1trillion market cap goal

Kenya

•  Closed yesterday

Botswana

•  DCI +2bps, $1.78m

Egypt

•  EGX30 +66bps, $110m

Mauritius

•  Semdex +8bps, $771k

South Africa

•  Top40 +51bps, $1.27bn

Zimbabwe

•  Ind -47bps, Mining -4.65%, $1.68m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.82

-13.76

Nigeria

NGN

159.86

-2.32

Kenya

KES

84.75

+1.59

Mauritius

MUR

30.40

+0.49

Botswana

BWP

8.44

+8.44

Tanzania

TZS

1610.00

-1.55

Uganda

UGX

2522.50

+6.15

Rwanda

RWF

671.88

-6.02

Ghana

GHS

2.19

-13.04

BRVM

XOF

482.64

+3.44

Egypt

EGP

6.88

-7.63

Morocco

MAD

8.21

+3.06

Tunisia

TND

1.64

-5.39

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