Market Insight: Januray 10, 2013


Africa

•  Zambia towns plan to follow debut municipal bond sale by Lusaka
•  Zambia mulls power imports to meet demand from Glencore, Barrick
•  IMF increases standby loan to Tanzania by $57m
•  Vitol interested in opportunities in Tanzania

Nigeria

•  ASI -0.46%, $25.36mill
•  Banking stocks finally took a bit of a breather yesterday with the Bank10 Index falling 0.13%
•  Noticeable increase in activity with foreigners returning to the market

Kenya

•  NSE20 +1.35%, $9.7mill
•  Extremely active day yesterday with foreigners prevalent in a number of the large crosses in the blue chips
•  The MPC meeting starts today

Botswana

•  DCI +23bps, $3.3k

Egypt

•  EGX30 +108bps, $98mill

Mauritius

•  Semdex +16bps, $291k

South Africa

•  Top40 +49bps, $1.71bn

Zambia

•  LuSE +7bps, $3.7k

Zimbabwe

•  Ind +109bps, mining -181bps, $730k

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