Market Insight: March 14, 2012


Africa

•  Vodacom ordered to pay former consultant $21mill after losing appeal in Congo
•  Impala Platinum submits plan to Zimbabwe indigenisation laws for Zimplats that meets government requirements

Nigeria

•  ASI +20bps, $34.78mill. Consumers again active as Nestle (+4.98%), NB (unch) and Guinness (-4.94%) dominate vols with foreign buying particularly evident
•  Nigerian economy expands 7.7% in Q4 as surge in mobile phone users boosts telecoms

Kenya

•  NSE20 -1.20%, $2.17mill
•  AccessKenya plans to issue bonus shares in lieu of dividend
•  StanChart Kenya says profit growth may quicken as it adds more branches

Botswana

•  DCI -2bps, $581k

BRVM

•  Comp -44bps, BRVM10 -59bps, $524k

Egypt

•  EGX30 -3.27%, $96.5mill

Mauritius

•  Semdex +18bps, $400k

South Africa

•  Top40 +78bps, $1.85bn

Zambia

• LuSE -5bps, $74k

Zimbabwe

•  Ind -43bps, Mining -4.63%, $698k
 

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