Market Insight: September 24, 2012


African Currencies

 
Country
Notation
Currency
YTD %
 
South Africa
ZAR
8.2376
-1.87
 
Nigeria
NGN
157.70
+2.92
 
Kenya
KES
84.85
+0.26
 
Mauritius
MUR
30.25
-2.98
 
Botswana
BWP
7.6366
+2.18
 
Tanzania
TZS
1577.00
+0.32
 
Uganda
UGX
2520.00
-1.59
 
Rwanda
RWF
620.6433
-2.66
 
Ghana
GHS
1.9205
-14.63
 
BRVM
XOF
505.0098
+0.75
 
Egypt
EGP
6.0941
-1.02
 
Morocco
MAD
8.5734
+0.22
 
Tunisia
TND
1.5666
-4.38

Africa

•  Drought in Ghana’s cocoa region curbs farmer’s outlook
•  Angolan Central Bank keeps benchmark rate unchanged at 10.25%
•  Ethiopia’s Hailemariam sworn in as Prime Minister
•  Mauritius vehicle sales climb 23% in January to July

Nigeria

•  ASI -1ps, $17.42mill
•  The Naira had its first weekly dropin four as Dollar sales declined last week
•  Nigerian Central Bank halts currency restructuring program

Kenya

•  NSE20 -18bp, $7.69mill
•  Kenya Airways plunged to its lowest level in 8 years on job cuts last Friday

Botswana

•  DCI -13bps, $5k

Egypt

•  EGX 30 -21bps, $108m (Sunday)

Mauritius

•  Semdex -3bps, $1m

South Africa

•  Top40 -46bps, $1.79bn

Zambia

•  LuSE unch, $156k

Zimbabwe

•  Ind +27bps, Mining +267bps, $3.33m
 

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