Market Insight: February 14, 2014

Africa

•  Africa looking to boost coffee production after slump since the 70s
•  Security forces in Egypt detain employee of American Embassy
•  Zimbabwe to act against Duration Gold on black-ownership laws

Nigeria

•  ASI -2.24%, $29.6mill
•  Banks (-4%) dragged the market lower on fears that the CRR will be increased to 100%
•  Nigerian regulator targets guarantees to boost power market

Kenya

•  NSE20 -0.06%, $6.9mill
•  Locals dominated activity yesterday as foreigners were net sellers
•  Kenya announces 100-day plan to curb crime amid murder surge

Botswana

•  DCI unch , $51k

Egypt

•  EGX30 +26bps, $114mill

Mauritius

•  Semdex +21bps, $3mill

South Africa

•  Top40 -28bps, $1.22bn

Zimbabwe

•  Ind -69bps, mining unch, $4.19mill

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.03

-4.89

Nigeria

NGN

164.65

-2.64

Kenya

KES

86.40

-0.12

Mauritius

MUR

30.30

-0.83

Botswana

BWP

9.02

-2.97

Tanzania

TZS

1624.00

-2.09

Uganda

UGX

2466.50

+2.45

Rwanda

RWF

682.07

-0.89

Ghana

GHS

2.55

-6.86

BRVM

XOF

482.85

-0.55

Egypt

EGP

6.95

-0.17

Morocco

MAD

8.21

-0.35

Tunisia

TND

1.58

+3.10

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