Market Insight: October 31, 2012


African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.64

-6.43

Nigeria

NGN

156.95

+3.41

Kenya

KES

85.15

-0.09

Mauritius

MUR

31.05

-5.48

Botswana

BWP

7.81

+4.53

Tanzania

TZS

1587.00

-0.32

Uganda

UGX

2585.80

-4.06

Rwanda

RWF

626.9858

-3.64

Ghana

GHS

1.88

-12.88

BRVM

XOF

507.57

+0.24

Egypt

EGP

6.11

-1.28

Morocco

MAD

8.57

+0.18

Tunisia

TND

1.56

-4.33

Africa

•  Congo government wants 35% of mining projects in code revisions
•  Zimbabwe has first successful treasury bill sale since 2008
•  Zimbabwe’s Mugabe says most miners are following indigenization law
•  Angola Central Bank leaves benchmark interest rate unchanged

Nigeria

•  ASI -0.91%, $20.66mill
•  There was a raft of earnings reports yesterday with NB, FBN, Nestle, WAPCO and UACN all releasing Q3 2012 numbers
•  Nigeria’s Lagos state plans $509m bond sale for rail

Kenya

•  NSE20 +0.05%, $9.50mill
•  Extremely active day yesterday with large crosses in a number of the blue chips

Botswana

•  DCI +2bps, $14k

Egypt

•  EGX30 -212bps, $86mill

Mauritius

•  Semdex -9bps, $2.12

South Africa

•  Top40 +42bps, $1bn

Zambia

•  LuSE -21bps, $16k

Zimbabwe

•  Ind +31bps, Mining +291bps, $4.42mill
 

contacts
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  • South Africa +27 11 268 5833