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Market Insight: February 27, 2012
Africa
• Zimbabwe Securities Commission to probe irregualr price moves after trend that quarter and year end prices can have drastic swings
• Impala says Zim government rejects Zimplats sale plan
• Senegal’s Wade vies for 3rd ter, as vote held after protests
Nigeria
• ASI +34bps, $22.5mill. Active day in Nigeria with the banks seeing strong interest. UBA continues its strong run north closing up the max at N2.38
• Nigeria may postpone gas pipeline to Europe amid price slump
Kenya
• NSE20 +1.2%, $1.5mill
Botswana
• DCI -6bps, $57k
Ghana
• $36k
Egypt
• Closed
Mauritius
• Semdex -48bps, $1.6mill
South Africa
• Top40 +52bps, $1.63bn
Zambia
• LuSE +2bps, $5k
Zimbabwe
• Ind -95bps, mining unch, $723k
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
