Market Insight: April 27, 2012


Africa

•  South Africa’s PPI slowed to 7.2% in March
•  Zimbabwe, Zambia sign agreement to build $4bn power plant
•  Zambia’s inflation rate rose to 6.5% in April
•  Zimbabwe hit by power cut as Hwange plant output falls

Nigeria

•  ASI +64bps, $20.12mill
•  Bomb attack at the offices of ThisDay newspaper kills at least eight

Kenya

•  NSE20 -63bps, $2.76mill
•  All eyes will be on EQBNK after reporting Q1 2012 profit growth of 13% after the session yesterday
•  Kenya revives plan to sell $500m Eurobonds to repay loans
•  The East African Tea Association says that Kenya must halt tea exports to help farmers

Botswana

•  DCI +19bps, $400k

Mauritius

•  Semdex -5bps, $909k

South Africa

•  Top40 +75bps, $1.46bn

Zambia

•  LuSE unch, $4k

Zimbabwe

•  Ind -37bps, Mining +234bps, $1m
 

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