Market Insight: April 15, 2014


Africa

•  Tanzania to reconsider Gas Super Tax after resistance

Nigeria

•  ASI -25bps, $9.5m
•  Painfully dull day as lack of interest hurt banks (-1.37%)

Kenya

•  NSE20 +7bps, $6.1m
•  Cross in Safcom about the only excitement as foreign participation low

Botswana

•  DCI +1bp, $203k

Egypt

•  EGX30 +14bps, $70m

Mauritius

•  Semdex -29bps, $1.26m

Zimbabwe

•  Ind -76bps, Mining unch, $1.78m

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.51

+0.13

Nigeria

NGN

161.23

-0.57

Kenya

KES

86.75

-0.52

Mauritius

MUR

30.10

-0.17

Botswana

BWP

8.74

-0.03

Tanzania

TZS

1632.00

-2.57

Uganda

UGX

2527.00

unch

Rwanda

RWF

683.02

-1.03

Ghana

GHS

2.78

-14.72

BRVM

XOF

477.78

+0.50

Egypt

EGP

6.98

-0.49

Morocco

MAD

8.14

+0.44

Tunisia

TND

1.58

+3.78

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