Market Insight: February 17, 2012


Africa

•  Republic of Congo oil output dropped 4.5% in 2011
•  Tanzania’s inflation climbed to 19.8% in December as food and energy costs increase

Nigeria

•  ASI -7bps, $1.77mill. Extremely quiet yet again
•  Labour unions suspend strike on fuel subsidies
•  Nigeria will resume cocoa exports “immediately” as strike ends

Kenya

•  NSE20 -10bps, $600k

Botswana

•  DCI -18bps, $24k

Egypt

•  EGX30 -20bps, $35m

Mauritius

•  Semdex -5bps, $388k

South Africa

•  Top40 +104bps, $890m

Zambia

•  LuSE +46%, $9k

Zimbabwe

•  Ind +341bps, Mining -680bps, $21.5mill. Large cross in Meikles at 17.5c
 

contacts
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