Market Insight: March 16, 2012


Africa

•  Impala set to lose control over Zimplats as Zimbabwe starts nationalisation
•  Rwandan annual inflartion little changed at 7.85% as increased food prices offset by lower costs for clothing, fuel and transport
•  Zimbabwe inflation unch at 4.3% in Feb
•  Mozambique cuts power exports to Zimbabwe over unpaid debts

Nigeria

•  ASI -1.16%, $17.72mill. Focus again on NB, all trading at N94.89 as the name went ex-div
•  Islamic Development Bank to provide $95mill in loans to fund Nigerian schools after militant attacks

Kenya

•  NSE20 -20bps, $3.85mill. Diamond Trust Bank active (+2.78%, KES92.50) ahead of rights offer

Botswana

•  DCI +32bps, $81k

BRVM

•  Comp +59bps, BRVM10 +33bps, $235k

Egypt

•  EGX30 +1.55%, $82mill

Ghana

•  $87k

Mauritius

•  Semdex -17bps, $765k

South Africa

•  Top40 -61bps, $3.03bn

Zambia

•  LuSE -82bps, $3.9k

Zimbabwe

•  Ind -1.12%, Mining -80bps, $2.9mill
 

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