Market Insight: September 21, 2012


African Currencies

 
Country
Notation
Currency
YTD %
 
South Africa
ZAR
8.32
-2.85
 
Nigeria
NGN
157.75
+2.88
 
Kenya
KES
84.95
+0.14
 
Mauritius
MUR
30.30
-3.14
 
Botswana
BWP
7.6982
+3.00
 
Tanzania
TZS
1575.00
+0.44
 
Uganda
UGX
2510.00
-1.20
 
Rwanda
RWF
618.9093
-2.39
 
Ghana
GHS
1.9205
-14.63
 
BRVM
XOF
507.3728
+0.28
 
Egypt
EGP
6.0936
-1.02
 
Morocco
MAD
8.5889
+0.02
 
Tunisia
TND
1.5682
-4.47

Africa

•  - South Africa holds lending rate as inflation pressures gain
•  - Uganda’s coffee exports may climb 7% in 2012-13 on better rain
•  - Senegal’s economy to expand 4.3% on mining, infrastructure

Nigeria

•  - ASI +92bps, $11.29mill
•  - Ashaka Cement released H1 numbers which saw revenue increase 19.97%
•  - Nigerian debt soars as open market prompts JPMorgan addition

Kenya

•  - NSE20 +6bp, $8.94mill
•  - Very active day thanks to a large cross in EABL
•  - Shilling fluctuates as companies pay first-half taxes

Botswana

•  DCI -4bps, $51k

Egypt

•  EGX 30 -141bps, $148m

Mauritius

•  Closed for a public holiday yesterday

South Africa

•  Top40 -35bps, $2.9bn

Zambia

•  LuSE -45bps, $266k

Zimbabwe

•  Ind +61bps, Mining +1592bps, $650k
 

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