Market Insight: March 26, 2012

Africa

•  Senegal Voted for president yesterday
•  Gold advanced the most in four weeks as weaker dollar spurs demand
•  Ghana supporting the third-worst currency with treasury rates

Nigeria

•  Mkt details were not avaialble due to techincal issues at the exchange
•  PDP name Bamanga Tukur as new chairman for the next four year term. He is from the northeastern Adamawa state
•  Nigerian troops kill five suspected sect members in Maiduguri
•  Two suspected Boko Haram militants were killed in a Nigerian explosion

Kenya

•  NSE 20 +0.58%, Vols USD 4.96m
•  Very active day again in Kenya on Friday with value traded amounting to $4.96m thanks to the 2 big banks EQBNK and KNCB

Botswana

•  DCI +0.01%, Vols USD 32k

Egypt

•  Closed today

South Africa

•  Top 40 Unch, Vols USD 1.6bn

Zambia

•  LuSE +0.23%, Vols USD 38k

Zimbabwe

•  Industrials -0.10%, Mining Unch, Vols USD 443k
 

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