Market Insight Archive
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Market Insight: April 12, 2012
Africa
• Ghana’s economy grew 16% in fourth quarter on oil production
• Ghana inflation rate rose to 8.8% in March as Cedi weakened
• Donors pledge immediate resumption of aid to Malawi
Nigeria
• ASI -15bps, $9.21mill
• Exceptionally dull day in Lagos yesterday
• The Naira is set for highest in a month as oil companies sell Dollars
Kenya
• NSE20 +95bps, $2.64mill
• Quiet day in Kenya with most foreigners sitting on the sidelines
• Kenya Central Bank may have room to lower rates, Githae says
Botswana
• DCI +6bps, $159k
Egypt
• EGX 30 +205bps, $70m
Mauritius
• Semdex -9bps, $479k
South Africa
• Top40 +11bps, $1.56bn
Zambia
• LuSE -13bps, $114k
Zimbabwe
• Ind +15bps, Mining +33bps, $1.12m
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
