Market Insight: October 25, 2012


African Currencies

Country

Notation

Currency

YTD %

 

South Africa

ZAR

8.76

-7.73

 

Nigeria

NGN

157.23

+3.22

 

Kenya

KES

85.14

-0.08

 

Mauritius

MUR

31.20

-5.93

 

Botswana

BWP

7.91

+5.94

 

Tanzania

TZS

1585.00

-0.19

 

Uganda

UGX

2593.00

-4.36

 

Rwanda

RWF

626.22

-3.53

 

Ghana

GHS

1.87

-12.56

 

BRVM

XOF

508.31

+0.11

 

Egypt

EGP

6.10

-1.13

 

Morocco

MAD

8.58

+0.07

 

Tunisia

TND

1.56

-4.47

 

Africa

•  South Africa’s inflation rate climbs more than expected
•  Congo’s copper industry rebound “spectacular” BNP Paribas says
•  Zimbabwe rejects all bids for bills for second time this month

Nigeria

•  • ASI -1.26%, $19.43mill
•  • ETI, Fidelity and DangSugar all released Q3 2012numbers yesterday
•  • Nigeria’s oil output cut 500,000 barrels by flood
•  • Please note that the market will be closed today and tomorrow for Eid celebrations

Kenya

•  NSE20 +0.56%, $7.05mill
•  General Electric planning 1,000 megawatt power plant in Kenya
•  Kenya and Tanzania phone companies sign up for Avanti’s satellite

Botswana

•  DCI +11bps, $8k

Egypt

•  EGX30 +163bps, $96mill

Mauritius

•  Semdex -24bps, $1mill

South Africa

•  Top40 +81bps, $1.01bn

Zambia

•  Closed for Independence Day yesterday

Zimbabwe

•  Ind -66bps, mining +61bps, $1.15mill
 

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