Market Insight: February 24, 2012


Africa

•  Ivory Coast to resume payment on its $2.3bn defaulted Eurobonds from June
•  South Sudan begins to shut down oil output amid deepening dispute with Sudan
•  Striking Zimbabwean state workers plan to meet with government on 25 Jan for talks on pay demands

Nigeria

•  ASI -1.03%, $7.39mill, investors still quiet as they digest the weekend bombings
•  Nigeria struggles to curb Islamist attacks as numbers killed now total at least 256

Kenya

•  NSE20 -40bps, $1.5mill
•  ICC rules Finance Minister and 3 others to face charges of crimes against humanity

Botswana

•  DCI -6bps, $52k

Egypt

•  EGX30+2.4%, $38mill

Mauritius

•  Closed yesterday

South Africa

•  Top40 +83bps, $1.31bn

Zambia

•  LuSE -18bps, $95k

Zimbabwe

•  Ind -8bps, Mining -43bps, $1.6mill
 

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