Market Insight Archive
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- February 13, 2012
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- February 03, 2012
- February 02, 2012
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Market Insight: February 02, 2012
Africa
• Botswana to post budget surplus as state keeps spending in check
• Nampak, SA packaging company, plans to double earnings from African business throughout 2012
Nigeria
• ASI -8bps, $9.65mill. Some activity in Guinness (-2.17%) while Firstbank closed limit up again
• Sanusi says bank under no pressure to devalue naira
• Security forces arrest militant Islamist spokesman Qaqa
Kenya
• NSE20 -20bps, $1.5mill.
• As expected, Central Bank keeps key lending rate unch at 18% to support shilling and ensure inflation rate keeps dropping
Botswana
• DCI -2bps, $164k
Egypt
• EGX30 +86bps, $76mill
Mauritius
• Market is closed
South Africa
• Top40 +1.13%, $1.83bn
Zambia
• LuSE -29bps, $769k
Zimbabwe
• Ind +6bps, Mining -2.39%, $1.4mill
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
