Market Insight: February 05, 2012


Nigeria

•  ASI -13bps, $12.24mill. Local corp action in Champion Breweries about 40% of vols, quiet day
•  Workers to begin indefinite strike from Mon 9 Jan against scrapping of fuel subsidies. We expect the market to be closed over the strike
•  MTN to spend more than $1bn to improve Nigerian network
•  DangCem expects Q1 profits to increase by 40% on improved sales

Kenya

•  NSE20 -29bps, $1.53mill

Botswana

•  DCI -5bps, $906k

BRVM

•  Comp -31bps, BRVM10 -43bps, $1mill

Egypt

•  EGX30 -2bps, $16.57mill

Mauritius

•  Semdex +13bps, $251k

South Africa

•  Top40 +35bps, $940mill

Zambia

•  LuSE -2bps, $231k

Zimbabwe

•  Ind -1.13%, Mining -1.71%, $244k
 

contacts
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