Market Insight: August 28, 2014

Africa

•  Bob Diamonds Atlas Mara seeking more Southern-Africa
•  Zimbabwe says 3 foreign banks complied with indigenization law
•  Namibias Shiimi says shopping spree may merit rate increase
•  IMF says Zambia plan to slow spending pace will support economy
•  Ghana producer prices rise 47.4% in July from year ago

Nigeria

•  ASI -28bps, $24.6mill
•  A much better day yesterday thanks to a cross in Access ($11.33m)

Kenya

•  NSE20 +56bps, $11.97mill
•  A much better day yesterday thanks to an increase in foreign participation

Botswana

•  DCI +10bps, $257k

Egypt

•  EGX30 +26bps, $84mill

Mauritius

•  Semdex -2bps, $1.85mill

Zimbabwe

•  Ind -7bps, $696k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.64

-1.41

Nigeria

NGN

161.95

-1.02

Kenya

KES

88.41

-2.38

Mauritius

MUR

30.89

-2.72

Botswana

BWP

8.88

-1.53

Tanzania

TZS

1668.00

-4.68

Uganda

UGX

2615.00

-3.37

Rwanda

RWF

689.75

-1.99

Ghana

GHS

3.85

-38.31

BRVM

XOF

500.31

-4.02

Egypt

EGP

7.15

-2.85

Morocco

MAD

8.45

-3.26

Tunisia

TND

1.73

-5.32

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