Market Insight: April 26, 2012


Africa

•  Namibia’s central bank keeps interest rate unchanged at 6%
•  Ivory Coast in free talks with cocoa exporters
•  SMalema’s political career at South Africa’s ruling ANC ends
•  Public holiday in Tanzania today

Nigeria

•  ASI +34bps, $18.96mill
•  Inflation accelerates to 12.1% in March

Kenya

•  NSE20 -4bps, $11.65mill
•  Unbelievably active yesterday with all the big names contributing towards volume
•  Kenya’s corn crop to halve in main growth region on feed shortage
•  Kenya’s benchmark coffee price rose 8.9% in weekly auction

Botswana

•  DCI +6bps, $327k

Egypt

•  Market closed yesterday

Mauritius

•  Semdex +15bps, $1.35mill

South Africa

•  Top40 +66bps, $1.68bn

Zambia

•  LuSE +5bps, $434

Zimbabwe

•  Ind -1.31%, Mining +7.20%, $715k
 

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