Market Insight Archive
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Market Insight: January 03, 2013
Africa
• Zambia’s capital Lusaka seeks advisors for debut municipal bond
• Zambia’s currency weakened 1.5% to 5.25 per dollar after its rebasing
• Malawi needs fiscal and monetary tightening according to finance minister Ken Lipenga
Nigeria
• ASI +1.51%, $11.76mill
• Banks lead the market higher with the Bank 10 Index gaining 3.45%
• Dangote Cement predicts a 38% rise in Q1 net income
Kenya
• NSE20 +0.18%, $800k
• Extremely quiet first session of the calendar year with most foreign participants absent
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
