Market Insight Archive
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Market Insight: February 18, 2012
Africa
• MTN Sudan targeting 50% increase in subscribers as it seeks to boost revenue to help offset new government tax
• Tiger Brands expansion into Africa held up by high asking prices
• Mauritian tourism arrivals lag estimates as European visitors slowed
Nigeria
• ASI +1bp, $9.59mill. Some vols returning after strike ends
• Sanusi sees rates on hold as “counterproductive” to raise interest rates to counter higher fuel prices
Kenya
• NSE20 -10bps, $1mill
• Kenya cuts 2012 economic growth forecast on Europe debt risks
Botswana
• DCI -11bps, $793k
BRVM
• Comp -60bps, BRVM10 -72bps, $1.3mill
Egypt
• EGX30 +1.17%, $42mill
Mauritius
• Semdex +3bps, $1.2mill
South Africa
• Top40 +104bps, $890m
Zambia
• LuSE -1.40%, $10k
Zimbabwe
• Ind +73bps, Mining unch, $1mill
- Bermuda +1 441 278 7620
- South Africa +27 11 268 5833
