Market Insight: February 09, 2012


Africa

•  Botswana government to make decision re option to increase stake in De Beers by end of March 2012

Nigeria

•  ASI -30bps, $12.06mill. Quiet day in Lagos
•  UBA announces profit warning (see attached) and trades down 0.5% (N1.99) in large vol

Kenya

•  NSE20 unch, $3.1mill. Safcom accounting for almost half the days vols with the name closing up +1.56% at kes3.25 after some chunky crosses went through late in the session
•  Kenya proposes constructing oil refinery in north in order to export oil from South Sudan

Botswana

•  DCI -9bps, $88k

Egypt

•  EGX30 +2.73%, $83mill

Mauritius

•  Semdex +24bps, $4.1mill. Cross in Vivo Energy (SHELL MP) accounting for most of the days activity

South Africa

•  Top40 +87bps, $1.67bn

Zambia

•  LuSE -96bps, $13k

Zimbabwe

•  Ind +1.05%, Mining +1.59%, $3.8mill. 2 special bargain trades in Delta and Econet boosting vols
 

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