Market Insight: May 10, 2013


Africa

•  Djibouti to raise $5.9bn for infrastructure projects
•  Ghana’s SEC calls on government to sell its stake in Vodafone Group’s local unit and list on the GSE

Nigeria

•  ASI +0.83%, $28.48m
•  After a quiet start the buying interest returned although banks were soft while demand for consumers was strong
•  First Bank CEO Onasanya says FBN looking to enter 11 more African countries

Kenya

•  NSE20 +0.24%, $7.5m
•  Another active day with demand in Safcom the main focus

Botswana

•  Closed yesterday

Egypt

•  EGX30 +0.01%, $36m

Mauritius

•  Semdex +0.59%, $2.3m

South Africa

•  Top40 -0.41%, $1.62bn

Zambia

•  LuSE +0.57%, $86k

Zimbabwe

•  Ind +1.46%, Mining +0.04%, $2.97m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

8.98

-5.69

Nigeria

NGN

157.45

-0.83

Kenya

KES

83.65

+2.93

Mauritius

MUR

30.90

-1.13

Botswana

BWP

8.10

+4.05

Tanzania

TZS

1631.00

-2.82

Uganda

UGX

2580.00

+3.79

Rwanda

RWF

644.00

-1.95

Ghana

GHS

1.98

-3.93

BRVM

XOF

500.92

-0.33

Egypt

EGP

6.95

-8.51

Morocco

MAD

8.51

-0.58

Tunisia

TND

1.66

-6.08

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