Market Insight: September 02, 2013


Africa

•  Gold mining strike in South Africa to start tomorrow
•  Zambia keeps policy rate unchanged to curb inflation pressure
•  Tanzania first-quarter economic growth rises 7.5% on farming, energy

Nigeria

•  ASI -0.42%, $16.12mill
•  Quiet day to end the week last Friday ahead of the U.S long weekend

Kenya

•  NSE20 -0.22%, $7.5mill
•  Crosses in EABL and EQBNK drove activity on Friday
•  Inflation accelerated to 6.7% in August

Botswana

•  DCI +15bps, $9k

Egypt

•  EGX30 +73bps, $61mill

Mauritius

•  Semdex -3bps, $1.7mill

South Africa

•  Top40 -66bps, $1.53bn

Zambia

•  N/A

Zimbabwe

•  Ind -27bps, mining -387bps, $1.8mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.24

-17.32

Nigeria

NGN

159.80

-2.28

Kenya

KES

87.55

-1.66

Mauritius

MUR

30.94

-1.26

Botswana

BWP

8.71

+11.89

Tanzania

TZS

1616.00

-1.92

Uganda

UGX

2591.50

+3.33

Rwanda

RWF

650.50

-2.93

Ghana

GHS

2.15

-11.62

BRVM

XOF

499.46

+0.01

Egypt

EGP

6.98

-8.94

Morocco

MAD

8.46

+.10

Tunisia

TND

1.65

-6.08

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