Market Insight: September 05, 2013


Africa

•  Angola advised to cut oil-block size to create more tax revenue
•  Tanzania raises gasoline price by 2.8% to 2,154 Shillings/ Ltr
•  South Sudan to raise oil output after striking deal with Sudan

Nigeria

•  ASI +0.01%, $19.01mill
•  Better day yesterday, but trading still dominated by blocks

Kenya

•  NSE20 +0.25%, $5.3mill
•  Crosses in EABL and EQBNK helped drive activity yesterday

Botswana

•  DCI +8bps, $1.97mill

Egypt

•  EGX30 -12bps, $41mill

Mauritius

•  Semdex +32bps, $889k

South Africa

•  Top40 -90bps, $1.12bn

Zambia

•  N/A

Zimbabwe

•  Ind +16bps, mining +10bps, $3.11mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.22

-17.11

Nigeria

NGN

163.35

-4.41

Kenya

KES

87.45

-1.54

Mauritius

MUR

30.90

-1.13

Botswana

BWP

8.71

+11.94

Tanzania

TZS

1615.00

-1.98

Uganda

UGX

2578.50

+3.85

Rwanda

RWF

662.37

-4.67

Ghana

GHS

2.15

-11.62

BRVM

XOF

499.50

-0.05

Egypt

EGP

6.98

-8.83

Morocco

MAD

8.45

+.08

Tunisia

TND

1.65

-6.32

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