Market Insight: March 01, 2012


Africa

•  Zimbabwe unwilling to have extended talks on Zimplats stake
•  Chevron to invest $1.9bn in its Lianzi oil field in Congo Republic
•  Uganda inflation slows to 25.4% adding to calls for rate cut

Nigeria

•  ASI -16bps, $16.7mill
•  Sanusi says Jan surge in inflation doesn’t mean higher rates as yet

Kenya

•  NSE20 +90bps, $3.9mill. Active and strong day in Nairobi to close the month. KNCB +1.23% at KES20.50 ahead of todays results – due out mid session
•  KenGen seeks $745mill to fund geothermal well drilling
•  Centum plannings $723mill investment in real estate project in Nairobi
•  Longhorn Publishers plans to list on NSE before end of March 2012

Botswana

•  DCI unch, $58k

Egypt

•  EGX30 +2.39%, $125mill

Mauritius

•  Semdex -21bps, $914k

South Africa

Semdex -61bps, $1mill

•  Top40 +20bps, $1.88bn

Zambia

•  LuSE +36bps, $61k

Zimbabwe

•  Ind -68bps, Mining unch, $379k
 

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