Market Insight: February 24, 2014

Africa

•  Morocco Inflation rises to 1.6 pct in January

Nigeria

•  ASI +139bps, $15mill
•  Banks had a solid start to the week with the sector gaining +2.97% thanks to Access (+8.75%), UBA (+5.57%) and Zenith (+4.95%).
•  Nigeria will call emergency OPEC meeting if oil rout continues

Kenya

•  NSE20 -18bps, $13.1mill
•  An active day as foreigners dominated proceedings in KNCB (-0.8%), EQBNK and EABL (-1.7%)
•  Kenyan shares just off six-year peak, Shilling steady

Botswana

•  DCI +2bps, $31k

Mauritius

•  Semdex -1bps, $1.55m

Zimbabwe

•  Ind +37bps, $638k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

11.66

-0.83

Nigeria

NGN

198.75

-7.70

Kenya

KES

91.39

-0.86

Mauritius

MUR

33.20

-4.37

Botswana

BWP

9.61

-1.67

Tanzania

TZS

1832.13

-5.41

Uganda

UGX

2875.00

-3.62

Rwanda

RWF

700.12

-1.47

Ghana

GHS

3.48

-7.54

BRVM

XOF

582.41

-6.92

Egypt

EGP

7.62

-6.21

Morocco

MAD

9.55

-5.01

Tunisia

TND

1.93

-3.71

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