Market Insight: September 17, 2014


Africa

•  Zambia to miss inflation target as energy and food prices rise
•  Ghana bond gives rate reprieve before IMF talks

Nigeria

•  ASI -30bps, $25.9mill
•  A large cross in Diamond Bank drove activity yesterday

Kenya

•  NSE20 +66bps, $17.7mill
•  A number of large crosses by local investors dominated proceedings yesterday

Botswana

•  DCI +5bps, $23k

Egypt

•  EGX30 +93bps, $81mill

Mauritius

•  Semdex +6bps, $790k

Zimbabwe

•  Ind -61bps, $995k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.96

-4.27

Nigeria

NGN

162.95

-1.63

Kenya

KES

89.00

-3.03

Mauritius

MUR

31.23

-3.78

Botswana

BWP

9.07

+3.82

Tanzania

TZS

1663.00

-4.39

Uganda

UGX

2607.50

-3.09

Rwanda

RWF

690.75

-2.14

Ghana

GHS

3.60

-34.03

BRVM

XOF

509.68

-5.79

Egypt

EGP

7.15

-2.83

Morocco

MAD

8.59

-4.74

Tunisia

TND

1.76

-7.02

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