Market Insight: March 28, 2012

Africa

•  Zambia central bank says benchmark rate to provide transparency
•  Mauritius President Jugnauth may resign, radio plus reports
•  Uganda power project to bolster economy hurt by Euro crisis

Nigeria

•  ASI -28bps, $19.46mill
•  Unilever announces an increase in net income of 31%
•  UACN closes limit down after announcing a disappointing annual dividend of N1.59
•  Nigeria to guarantee corporate bonds in rail, power projects

Kenya

•  NSE20 +81bps, $3.53mill
•  Equity Bank gained for sixth day in a row
•  Athi River Mining announces an increase in turnover of 39%
•  UAP of Kenya to raise KES 5.5bn, list on bourse

Botswana

•  DCI +15bps, $255k

Egypt

•  EGX 30 +157bps, $70m

Mauritius

•  Semdex +22bps, $865k

South Africa

•  Top40 +54bps, $1.38bn

Zambia

•  LuSE +3bps, $70k

Zimbabwe

•  Ind -91bps, Mining +40bps, $512k
 

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