Market Insight: October 31, 2013


Africa

•  Angola turns to space to spearhead wireless network
•  Tanzania seeks clarification on exclusion from regional meetings

Nigeria

•  ASI -0.38%, $22.14mill
•  Not much on the activity front yesterday
•  Tier-2 banks dragged the market lower

Kenya

•  NSE20 +0.62%, $12.6mill
•  The two major banking stocks, EQBNK and KNCB drove activity on the back of foreign demand

Botswana

•  DCI 11bps, $140k

Egypt

•  EGX30 +129bps, $72mill

Mauritius

•  Semdex +18bps, $1.85mill

South Africa

•  Top40 +35bps, $1.07bn

Zimbabwe

•  Ind +5bps, mining +171bps, $106mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.87

-14.23

Nigeria

NGN

158.75

-1.80

Kenya

KES

85.10

+1.18

Mauritius

MUR

30.00

+1.83

Botswana

BWP

8.46

+8.67

Tanzania

TZS

1606.00

-1.31

Uganda

UGX

2525.50

+6.03

Rwanda

RWF

669.84

-5.73

Ghana

GHS

2.22

-14.21

BRVM

XOF

479.33

+4.15

Egypt

EGP

6.89

-7.64

Morocco

MAD

8.17

+3.59

Tunisia

TND

1.63

-4.91

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