Market Insight: June 02, 2014


Africa

•  Ivory Coast’s cashew production forecast to rise 4.2% in 2014
•  Lagarde expresses concern that Africa’s sovereign debt is rising

Nigeria

•  ASI +295bps, $74.2mill
•  Another day characterized by massive crosses in the big names
•  Banking stocks were strong with the Index gaining +4.36%

Kenya

•  NSE20 -28bps, $15.4mill
•  Inflation for May increased to 7.30% from 6.41% in April
•  Please note the market is closed today

Botswana

•  DCI -39bps, $2.68mill

Egypt

•  Closed

Mauritius

•  Semdex -38bps, $2.98mill

Zimbabwe

•  Ind +48bps, $1.79mill

 

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