Market Insight: July 06, 2015

Nigeria

•  ASI -61bps, $7.7mill
•  An absolute dire day last Friday

With all the focus on Greece we expect an very slow session in Lagos, with the odd cross here and there boosting activity.

Kenya

•  NSE20 -56bps, $2.3mill
•  Foreign selling drove the market lower las Friday

Unlike the close of last week, the market has opened the week on an upbeat note, already past the KES 1bn mark. Similar to last week, Equity Bank has remained dominant in the market accounting for over 80% of market activity. The lender is up 1.1% on foreign investor block trades. It has moved 18.7m shares. EABL and KCB are the other active counters. EABL is down 2.1% on foreign investor trading. KCB has remained stable despite notable foreign investor trading. Safaricom has attracted foreign investor interest though is down 0.6% with 519k shares moved.

Botswana

•  DCI -5bps, $182k

Mauritius

•  Semdex -9bps, $350k

Zimbabwe

•  Ind -2bps, $203k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

12.27

-5.72

Nigeria

NGN

199.00

-7.81

Kenya

KES

99.60

-9.04

Mauritius

MUR

35.35

-10.19

Botswana

BWP

9.93

-4.23

Tanzania

TZS

2025.00

-14.42

Uganda

UGX

3350.00

-17.28

Rwanda

RWF

723.00

-4.59

Ghana

GHS

4.00

-19.56

BRVM

XOF

593.46

-8.67

Egypt

EGP

7.73

-7.51

Morocco

MAD

9.76

-6.88

Tunisia

TND

1.95

-4.70

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