Market Insight: May 15, 2012

Africa

•  Democratic Alliance Supporters Fight Unionists in Johannesburg
•  South Africa Unveils $700 Million Manufacturers Support Plan
•  Zimbabwe’s Inflation Rate Rose to 4.03% in April from 3.998%
•  West Africa to Deploy Troops in Guinea-Bissau, Nigeria Says

Nigeria

•  Nigeria: ASI -0.58%, Vols USD 25.82m
•  Activity improved yesterday but the banks continued to take a beating -2.2% on profit taking
•  April CPI came out at 12.9% vs 12.1% for March
•  Nigeria LNG Says One Production Unit Starts, Another Halted
•  Nigeria’s 10-Year Yields to Hit Record Low on Rate Outlook

Kenya

•  Kenya: NSE 20 +0.23%, Vols USD 5.72m
•  Activity in Kenya picked up too with more broad-based activity and not just the usual active names contributing
•  Kenya Signs $600 Million Loan Accord With Three Lenders
•  Kenya Cuts 2012 Economic View After Growth Slowed Last Year

Botswana

•  DCI -0.05%, Vols USD 95k

Egypt

•  EGX 30 -1.12%, Vols USD 60m

Mauritius

•  Semdex +0.14%, Vols USD 1m

South Africa

•  Top 40 -0.10%, Vols USD 1.83bn

Zambia

•  LuSE +0.36%, Vols USD 19k

Zimbabwe

•  Industrial +0.25%, Mining -0.61%, Vols USD 4.69m
 

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