Market Insight: March 20, 2012


Africa

•  Mauritius Central Bank cuts key interest rate to year low
•  South African spending growth is fastest in more than a year
•  U.S. prepares to continue Egyptian aid as rights groups object

Nigeria

•  ASI +70bps, $25.56mill
•  MPC expected to keep rates at 12.00% as February inflation slows to 11.9%
•  Kainji power station shut down to fix dam water leaks
•  FCMB posts disappointing full year results

Kenya

•  NSE20 unch, $1.89mill
•  Athi River Mining risks job losses as Kaloleni plant ordered to shut down
•  EABL will trade ex-div today

Botswana

•  DCI -4bps, $68k

BRVM

•  BRVM Comp +83bps, BRVM 10 +114bps, $480k

Egypt

•  EGX 30 -62bps, $58k

Mauritius

•  Semdex -30bps, $262k

South Africa

•  Top40 unch, $1.1bn

Zambia

•  LuSE -103bps, $60k

Zimbabwe

•  Ind -4bps, Mining unch, $277k
 

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