Market Insight: September 17, 2012


African Currencies

 
Country
Notation
Currency
YTD %
 
South Africa
ZAR
8.2139
-1.49
 
Nigeria
NGN
157.1500
+3.28
 
Kenya
KES
84.40
+0.79
 
Mauritius
MUR
30.35
-3.29
 
Botswana
BWP
7.6104
+1.83
 
Tanzania
TZS
1570.00
+0.76
 
Uganda
UGX
2505.00
-1.00
 
Rwanda
RWF
616.1885
-1.96
 
Ghana
GHS
1.8935
-13.41
 
BRVM
XOF
501.2100
+1.53
 
Egypt
EGP
6.0964
-1.06
 
Morocco
MAD
8.4872
+1.21
 
Tunisia
TND
1.5522
-3.49

Africa

•  Tanzania August inflation drops to 14.9% as food costs drop
•  Malawi August inflation jumps 3.8% to 25.5% after food prices increase
•  Algeria approves $2.8bn oil-refinery project in Biskra

Nigeria

•  ASI +76bps, $18.44mill. Strong end to a strong week on the NSE as Nigeria follows global markets higher
•  Nigeria Statistics Agency releases inflation data early showing a drop from 12.8% in July to 11.7% in Augusrt

Kenya

•  NSE20 -1bp, $4.7mill

Botswana

•  DCI +16bps, $236k

Egypt

•  Closed

Mauritius

•  Semdex +33bps, $1.17mill

South Africa

•  Top40 +2.14%, $3.47bn

Zambia

•  LuSE -51bps, $207k

Zimbabwe

•  Ind +21bps, Mining -2.29%, $1.35mill
 

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