Market Insight: May 22, 2012


Africa

•  Tanzania to select winner for Eyasi-Wembere gas block by August
•  Famous Brands plans to open 48 outlets in rest of Africa as pizza demand starts to outweigh demand for chicken
•  UN plans new camp in Kenya for South Sudan refugees

Nigeria

•  ASI -32bps, $14.27mill
•  MPC rate decision expected out later today after inflation quickens to fastest pace since Oct10

Kenya

•  NSE20 +2bps, $3.6mill
•  CIC Insurance plans to start trading shares on 19 June
•  Deputy Prime Minister Kenyatta announces new political party ahead of 2013 elections

Botswana

•  DCI +1bp, $88k

Egypt

•  EGX30 +1.8%, $48mill

Mauritius

•  Semdex +26bps, $2.5mill

South Africa

•  Top40 -20bps, $1.1bn

Zambia

•  LuSE -1.79%, $11k

Zimbabwe

•  Ind +41bps, Mining +2.07%, $598k
 

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