Market Insight Archive
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Market Insight: February 29, 2012
Africa
• South African economy expands 3.2%
• Africa’s budget gap plan lowers rating risk according to Moody’s
• Namibian budget deficit to narrow to 4.4% of GDP next year
Nigeria
• ASI -138bps, $16.78mill
• Nigeria’s biggest biggest monthly inflation jump since 08 means yield rise
• Gunmen attack police stations, bank in Northeast
Kenya
• NSE20 +50bps, $1.7mill. Safcom
• Africa Tea says Kenyan tea auctions to resume tomorrow
Botswana
• DCI -6bps, $25k
Egypt
• EGX30 +12bps, $101mill
Ghana
• $71k
Mauritius
• Semdex -80bps, $948k
South Africa
• Top40 +107bps, $1.33bn
Zambia
• LuSE -41bps, $512k
Zimbabwe
• Ind -24bps, Mining +460bps, $480k
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
