Market Insight: September 03, 2014


Africa

•  Zambia changes rules blocking tax refunds for mining companies
•  Mauritius takes steps to curb excess banking industry liquidity

Nigeria

•  ASI -32bps, $40mill
•  Much better day yesterday thanks to a cross in DangCem ($18.77m)

Kenya

•  NSE20 +43bps, $5.7mill
•  Another slow day yesterday with foreigners dominating activity (61.4%)

Botswana

•  DCI -15bps, $582k

Egypt

•  EGX30 +182bps, $154mill

Mauritius

•  Semdex +9bps, $3.8mill

Zimbabwe

•  Ind +25bps, $2.22mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.74

-2.32

Nigeria

NGN

162.40

-1.29

Kenya

KES

88.65

-2.64

Mauritius

MUR

31.02

-3.13

Botswana

BWP

8.94

-2.14

Tanzania

TZS

1662.00

-4.33

Uganda

UGX

2610.00

-3.18

Rwanda

RWF

691.02

-2.17

Ghana

GHS

3.79

-37.47

BRVM

XOF

502.97

-4.54

Egypt

EGP

7.15

-2.83

Morocco

MAD

8.50

-3.72

Tunisia

TND

1.74

-5.65

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