Market Insight: February 16, 2012


Africa

•  Ugandan Central Bank considering rate cut as President Museveni meets with protestors
•  Botswana annual inflation unch at 9.2% in Dec

Nigeria

•  ASI -19bps, $2.42mill. Another nothing day in terms of market activity
•  Oil minister says country taking steps to end corruption and speed up reform in oil industry as reports from Guardian newspaper says Jonathan has cut the price of gasoline to N97 in bid to end week long strike

Kenya

•  NSE20 -37bps, $1.65mill. Some foreign selling and buying through crosses in Safcom at 3.20

Botswana

•  DCI -9bps, $825k

Mauritius

•  Semdex +10bps, $342k

South Africa

•  Top40 -34bps, $1.24bn

Zambia

•  LuSE +1.49%, $102k

Zimbabwe

•  Ind unch, Mining -16bps, $17.9mill. Large cross in Delta at 70c the main talking point in Harare
 

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