Market Insight: February 23, 2012


Africa

•  South Sudan orders head of pipeline company to leave country
•  Gordhan unexpectedly cuts South Africa’s budget deficit target
•  Old Mutual says Ecobank Transnational accepts Oceanic offer

Nigeria

•  ASI -97bps, $16.11mill
•  Nigeria to renew Shell, Chevron oil-output leases in a month and invest $100bn in oil and gas exploration
•  Total says Nigerian Usan field to start output by the end of March
•  Nigerian militants have killed four policeman in northern city of Kano

Kenya

•  NSE20 +50bps, $2.2mill
•  Environment minister Michuki has died

Botswana

•  DCI -18bps, $7k

BRVM

•  BRVM Comp +13bps, BRVM 10 +13bps, $440k

Egypt

•  EGX30 -25bps, $72mill

Mauritius

•  Semdex -18bps, $1.07mill

South Africa

•  Top40 -49bps, $1.45bn

Zambia

•  LuSE +12bps, $17k

Zimbabwe

•  Ind +35bps, Mining -361bps, $952k
 

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