Market Insight: September 03, 2012


African Currencies

 
Country
Notation
Currency
 
South Africa
ZAR
8.40
 
Nigeria
NGN
158.10
 
Kenya
KES
84.30
 
Mauritius
MUR
30.60
 
Botswana
BWP
7.7822
 
Tanzania
TZS
1585.00
 
Uganda
UGX
2510.00
 
Rwanda
RWF
614.3657
 
Ghana
GHS
1.9315
 
BRVM
XOF
522.6599
 
Egypt
EGP
6.1029
 
Morocco
MAD
8.7863
 
Tunisia
TND
1.5974

Africa

•  Marcus rate-cut builds as prices slow
•  Ugandan inflation slows for sixth month on food
•  South African oil imports from Iran halted by U.S., EU santions
•  Zambia Central Bank keeps benchmark rate 9%

Nigeria

•  ASI +20bps, $15.77mill
•  Banking stocks struggled but lead in terms of value traded

Kenya

•  NSE20 -24bps, $2.5mill
•  Mumias Sugar released FY 2012 results with EPS increasing 4.1%
•  Diamond Trust Bank announced that its rights offer was 86.2% oversubscribed

Botswana

•  DCI +8bps, $941k

Egypt

•  EGX30 closed on Friday

Mauritius

•  Semdex +32bps, $2.32mill

South Africa

•  Top40 +23bps, $2bn

Zambia

•  LuSE +2bps, $28k

Zimbabwe

•  Ind +18bps, Mining unch, $438k
 

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