Market Insight: May 28, 2012

Expect a very quiet day with the US holiday just adding further reason to sit on the side to the already quiet markers.

Africa

•  Two Mali Armed Groups Say They Created Islamic State
•  Gambia Signs Oil-Rights Accord with Camac Energy
•  Data this week, Ugandan interest rate decision
•  Egypt Brotherhood’s Mursi Secures Salafi Support in Runoff Vote

Nigeria

•  ASI +0.06%, Vols USD 19m
•  Nigeria Awards Oil Block to Shell, Eni, Following Settlement
•  Nigeria Limits Banks Funding of African Units
•  Nigeria Losing Top Oil Buyer U.S, Turns to Asia
•  Nigerian Authorities Say Islamist Militants Plan Attacks May 29

Kenya

•  Kenya: NSE 20 -0.91%, Vols USD 7.56m
•  Data this week, CPI
•  Kenyan Shilling Falls for Second-Biggest Weekly Drop This Year

Botswana

•  Botswana: DCI +0.09%, Vols USD 162k

Egypt

•  Egypt: Closed

Mauritius

•  Semdex +0.03%, Vols USD 2.7m

South Africa

•  Top -0.22%, Vols USD 1.35bn

Zambia

•  Public Holiday

Zimbabwe

•  Public Holiday
 

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