Market Insight: June 18, 2013


Africa

•  Mauritius unexpectedly lowered its key rate to 4.65% to spur growth
•  Zimbabwean mining revenue $584.7m in four months through April
•  Tunisia faces political struggle over Islam

Nigeria

•  ASI -0.44%, $16.74mill
•  Very slow start to the week
•  Inflation stays below 10% in longest streak since 2008

Kenya

•  NSE20 -0.93%, $3.7mill
•  Kenya risks gasoline shortage, higher prices from next month
•  World Bank raises Kenya 2013 growth outlook to 5.7% on higher investment

Botswana

•  DCI +4bps, $24k

Egypt

•  EGX30 +119bps, $23mill

Mauritius

•  Semdex -1bps, $985k

Zimbabwe

•  Ind +5bps, mining -180bps, $360k

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