Market Insight: June 06, 2012


Africa

•  South Africa Mining to Regain Competitiveness, Minister Says
•  S. Africa to Decide on Nuclear Program in 2012
•  MTN Probed by South African Police Unit Over Iranian License
•  South Sudan Cuts Annual Budget by 24% After Halting Oil Output
•  Mauritius Sugar Output to Fall to 13-Year Low on Weather

Nigeria

•  ASI 0.97% (unofficial), USD 10.2m
•  Nigeria Suspends License of Dana Airline After Lagos Crash
•  Deadliest Nigeria Air Crash in 40 Years Hurts Industry Image

Kenya

•  NSE 20 -0.48%, USD 6.16m
•  Big pick-up in activity yesterday, driven by EABL
•  Kenya’s Central Bank Leaves Benchmark Rate Unchanged at 18%
•  Kenya Shilling Increases for Second Day, Heads for One-Week High

Botswana

•  DCI +0.25%, USD 5k

Egypt

•  EGX 30 -2.31%, USD 34m

Mauritius

•  Semdex -0.17%, USD 717k

South Africa

•  Top 40 +0.12%, USD 1.25bn

Zambia

•  LuSE -0.09%, USD 574k

Zimbabwe

•  Industrial Index +0.77%, Mining -1.90%, USD 7.5m
 

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