Africa’s financial markets on December 05, 2016

Stock markets, forex & commodities

Update: Tanzania’s equity market turnover declined over 60% last week as foreign investors accounted for 47.7% of market activity. The Kenyan shilling was steady against the dollar on Tuesday but was seen easing on demand from the energy sector and manufacturers. Nigeria’s Naira has depreciated the most in its 43-year history, opening at 197 in January at the official market and 265 at the parallel market.

Forex snapshot

USD/ZAR 13.83, USD/NGN 314.21, USD/KES 100.30, USD/GHS 4.32, USD/EGP 17.94.

EUR/ZAR 14.72, EUR/NGN 334.50, EUR/KES 106.77, EUR/GHS 4.60, EUR/EGP 19.10

Stock markets

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Major regional exchanges:

SA JSE All Share: 49,713.56 Previous: 49,256.1 (+457.46, +0.93%)
Nigeria All Share: 25,743.03 Previous: 25,740.83 (+2.20, 0.01%)
Egypt EGX30: 11,426.50 Previous: 11,631.41 (-204.91, -1.76%)
Kenya NSE20: 3,230.00 Previous: 3,248.02 (-18.02, -0.55%)

Gaining:

Namibia Overall Index: 1,076.82 Previous: 1,055.86 (+20.96, +1.99%)
SA JSE All Share: 49,713.56 Previous: 49,256.1 (+457.46, +0.93%)
Morocco All Share: 10,644.46 Previous: 10,621.99 (+22.47, +0.21%)

Losing:

Egypt EGX30: 11,426.50 Previous: 11,631.41 (-204.91, -1.76%)
Ghana Composite Index: 1,544.24 Previous: 1,559.27 (-15.03, -0.96%)
BRVM Composite Index: 278.84 Previous: 280.75 (-1.91, -0.68%)