Market Insight: May 29, 2014

Africa

•  Zambia railways seeks $350m from bond to boost copper
•  Uganda attracts more than $2.4bn FDI in oil exploration in 15 years

Nigeria

•  ASI +56bps, $76.6mill
•  Massive crosses in Zenith ($37m), NB ($13m), FBNH ($9m) and GTB ($7m) drove activity yesterday
•  The market will be closed today for a public holiday

Kenya

•  NSE20 -6bps, $14.1mill
•  Local investors drove activity yesterday

Botswana

•  DCI +15bps, $787k

Egypt

•  EGX30 -227bps, $129mill

Mauritius

•  Semdex +4bps, $2.2mill

Zimbabwe

•  Ind +34bps, $730k

African Currencies

Country

Notation

Currency

YTD %

South Africa

ZAR

10.49

+0.10

Nigeria

NGN

162.33

-1.25

Kenya

KES

87.90

-1.82

Mauritius

MUR

30.17

-0.40

Botswana

BWP

8.75

-0.16

Tanzania

TZS

1650.00

-3.64

Uganda

UGX

2544.00

-0.67

Rwanda

RWF

683.28

-1.21

Ghana

GHS

2.92

-18.66

BRVM

XOF

485.25

-1.04

Egypt

EGP

7.14

-2.83

Morocco

MAD

8.24

-0.76

Tunisia

TND

1.63

+0.99

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