Market Insight: September 06, 2012


African Currencies

 
Country
Notation
Currency
 
South Africa
ZAR
8.2838
 
Nigeria
NGN
157.9
 
Kenya
KES
84.45
 
Mauritius
MUR
30.5
 
Botswana
BWP
7.6894
 
Tanzania
TZS
1578.00
 
Uganda
UGX
2512.50
 
Rwanda
RWF
615.1577
 
Ghana
GHS
1.9275
 
BRVM
XOF
521.53
 
Egypt
EGP
6.0934
 
Morocco
MAD
8.7692
 
Tunisia
TND
1.5940

Africa

•  Ghana Cocoa Buyer Stops $260 Million Debt Sale on High Yield
•  Mali Asks Ecowas to Send Troops for Possible Intervention
•  West Africa Cholera Epidemic May Kill Many More, UN Says
•  Ghana’s Opposition Warns of ‘Catastrophe’ With Constituency Plan

Nigeria

•  ASI +1.45%, USD 13.77m. The bulls won the day in Lagos with a number of stocks trading at limit up despite a return to quieter volumes
•  Nigeria Stocks Head for 14-Month High as Banks Rally on Earnings

Kenya

•  NSE 20 +0.04%, USD 6.6m. An active day in Kenya with volume driven by EABL
•  Kenya’s Central Bank Reduces Benchmark Rate by Record to 13%
•  Kenya Spends $25 Billion on Bond-Backed Port for Oil

Botswana

•  DCI -0.03%, USD 153k

Egypt

•  EGX 30 -0.56%, USD 112m

Mauritius

•  Semdex +0.21%, USD 1.25m

South Africa

•  Top 40 -0.28%, USD 1.35bn

Zambia

•  LuSE -1.05%, USD 593k

Zimbabwe

•  Industrial Index +0.29%, Mining Index unch, USD 2.54m
 

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