Market Insight Archive
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- February 17, 2012
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- February 14, 2012
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Market Insight: February 17, 2012
Africa
• Ghana President Mills says inflation lower than 10% is “extremely sustainable”
• Zimbabwean lenders will be allowed to hold a max of 25% of cash balances offshore, to incease to 30% in June
Nigeria
• ASI -7bps, $14.55mill. Active day in Lagos with lots of activity in the banks, UBA again very active while banking sector up +1.17%
• Nigeria increases budget deficit target as fuel subsidy stays
Kenya
• NSE20 +30bps, $1.4mill. Quiet day with most activity in Safcom, closing unch at 3.30
• BCBL +4.84% (kes13) after soild results
Botswana
• DCI unch, $1.5mill. Letshego activity at 140t
BRVM
• Comp -1bp, BRVM10 -5bps, $742k
Egypt
• EGX30 -73bps, $111mill
Mauritius
• Semdex -20bps, $1.1mill
South Africa
• Top40 -97bps, $1.63bn
Zambia
• LuSE +1.93%, $129k
Zimbabwe
• Ind +1.03%, Mining +4.88%, $587k
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
