Market Insight: October 24, 2013


Africa

•  Ghana’s Central Bank First Deputy Narh says the bank plans to tighten monetary policy

Nigeria

•  ASI +11bps, $25.97m
•  Once again some chunky crosses dominated market activity with GTB, Unilever and Nestle very active – Nestle (+3.96%, N1050) the main driver behind the consumer strength

Kenya

•  NSE20 +20bps, $9.1m
•  Foreign action in Safcom the main driver in the market as the name increased by 1.12% to KES 9.05

Botswana

•  DCI unch, $2.4m

Egypt

•  EGX30 -57bps, $83m

Mauritius

•  Semdex +23bps, $840k

South Africa

•  Top40 -77bps, $1.36bn

Zimbabwe

•  Ind -35bps, Mining -3.01%, $1.28m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.77

-13.34

Nigeria

NGN

158.90

-1.73

Kenya

KES

84.75

+1.59

Mauritius

MUR

30.10

+1.49

Botswana

BWP

8.39

+7.90

Tanzania

TZS

1608.00

-1.43

Uganda

UGX

2526.75

+5.98

Rwanda

RWF

671.8162

-6.01

Ghana

GHS

2.20

-13.43

BRVM

XOF

479.26

+4.19

Egypt

EGP

6.88

-7.62

Morocco

MAD

8.16

+3.62

Tunisia

TND

1.63

-4.86

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