Market Insight: Januray 14, 2013


Africa

•  Ghana’s President Mahama promotes Terkper to Finance Minister
•  Impala signs terms for Zimbabwe unit sale to black citizens
•  Uganda sees tea production unchanged in 2013 on erratic weather
•  Mozambique’s Central Bank keeps benchmark interest rate at 9.5%

Nigeria

•  ASI +1.77%, $17.00mill
•  The rally in bank stocks resumed after two days of profit taking with the Bank10 Index gaining 3.01%

Kenya

•  NSE20 +0.70%, $5.60mill
•  Kenya market regulator creates corporate governance oversight body
•  Kenyan President rejects lawmakers retirement bonus bill again

Botswana

•  DCI -10bps, $64k

Egypt

•  EGX30 -92bps, $63mill

Mauritius

•  Semdex +72bps, $1.54mill

South Africa

•  Top40 -6bps, $1.36bn

Zambia

•  LuSE -16bps, $31k

Zimbabwe

•  Ind +223bps, mining +518bps, $3.32mill

contacts
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  • South Africa +27 11 268 5833