Market Insight: February 30, 2012


Africa

•  African Union urges more intra-regional trade to aid growth
•  South Sudan wants Sudan dispute resolved before oil to flow
•  Tanzania to revive $500mill Eurobonds issuance plan in 2012
•  SABMiller’s Mozambique unit, Cervejas de Mocambique says its offer is oversubscribed

Nigeria

•  ASI +52bps, $16.56mill

Kenya

•  NSE20 +40bps, $6.8mill. Strong trading on both sides from foreign investors in a number of counters, EQBNK, Barclays and Safcom
•  Kenya expects dry weather and high possibility of frost in Feb

Botswana

•  DCI +33bps, $2.8mill

Mauritius

•  Semdex +3bps, $1.2mill

South Africa

•  Top40 -60bps, $1.4bn

Zambia

•  LuSE +81bps, $296k

Zimbabwe

•  Ind -41bps, Mining +80bps, $1.1mill
 

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