Market Insight: March 12, 2012


Africa

•  Total said to be amongst buyers for ENIs $2.6bn gas discovery off Mozambique
•  Ghana’s small companies to get seed money from AFDB for listing on GSE

Nigeria

•  ASI -54bps, $30.3mill. Foreign interest returned in a big way in Lagos with NB very popular at 35% of days vol closing +1.03% at N98
•  Explosion kills 4 outside church in Central Jos
•  Today sees announcement of 2011 Q4 GDP

Kenya

•  NSE20 +20bps, $2.2mill

Botswana

•  DCI +32bps, $56k

Egypt

•  Closed

Mauritius

•  Semdex -2bps, $2.1mill. Please note Mauritius is closed today due to a public holiday

South Africa

•  Top40 +43bps, $1.23bn

Zambia

•  LuSE +45bps, $64k

Zimbabwe

•  Ind -11bps, Mining -79bps, $1.1mill
 

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