Market Insight: September 18, 2012


African Currencies

 
Country
Notation
Currency
YTD %
 
South Africa
ZAR
8.2144
-1.48
 
Nigeria
NGN
157.85
+2.82
 
Kenya
KES
84.80
+0.32
 
Mauritius
MUR
30.25
-2.98
 
Botswana
BWP
7.6047
+1.75
 
Tanzania
TZS
1573.50
+0.54
 
Uganda
UGX
2500.00
-1.48
 
Rwanda
RWF
616.5583
-0.80
 
Ghana
GHS
1.8955
-13.51
 
BRVM
XOF
499.3203
+1.90
 
Egypt
EGP
6.0898
-0.95
 
Morocco
MAD
8.5040
+1.03
 
Tunisia
TND
1.5552
-3.67

Africa

•  - Standard Bank Argentina stake sale to China’s ICBC delayed
•  - Zimbabwe’s inflation slowed to 3.63% in August from 3.94% in July
•  - Gambia’s economy grew about 10% in 2013 on crop recovery

Nigeria

•  - ASI +14bps, $16.03mill
•  - Sanusi may hold rate as pressure mounts to cut
•  - Nigerian troops have killed Boko Haram commander in Kano

Kenya

•  - NSE20 -8bp, $2.0mill
•  - Very quiet day in Nairobi yesterday
•  - Shilling falls to lowest level since June on Dollar demand

Botswana

•  DCI -5bps, $856k

Egypt

•  EGX 30 +127bps, $224m

Mauritius

•  Semdex +18bps, $360k

South Africa

•  Top40 -64bps, $1.56bn

Zambia

•  LuSE +89bps, $38k

Zimbabwe

•  Ind +96bps, Mining -332bps, $293k
 

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