Market Insight: September 23, 2013


Africa

•  Sudan to lift fuel subsidies from 24 September

Nigeria

•  ASI +0.83%, $12.26m
•  A quiet day to end the week although banks (+72bps) still very much in demand

Kenya

•  NSE20 +0.13%, $6.1m
•  A strong end to a strong week in Nairobi with Safcom touching 8.70 (closed +1.8%, 8.50)
•  The NSE is still expected to open today despite the terrorist attacks at Westgate Mall

Botswana

•  DCI -0.01%, $22k

Egypt

•  N/A

Mauritius

•  Semdex +0.14%, $750k

South Africa

•  Top40 -0.40%, $2.2bn

Zimbabwe

•  Ind +1.56%, Mining -0.45%, $1.1m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

9.82

-13.75

Nigeria

NGN

161.02

-3.03

Kenya

KES

87.35

-1.43

Mauritius

MUR

30.65

-0.33

Botswana

BWP

8.47

+8.86

Tanzania

TZS

1615.00

-1.86

Uganda

UGX

2550.75

+4.98

Rwanda

RWF

659.50

-4.25

Ghana

GHS

2.18

-12.64

BRVM

XOF

487.53

+2.41

Egypt

EGP

6.89

-7.67

Morocco

MAD

8.24

+2.07

Tunisia

TND

1.63

-5.28

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