Regional Equity Strategy
A number of African equity markets are poised for further losses as US tapering causes money to be pulled out - the Johannesburg All-Share Index looks weak, especially technically.
We are removing our bullish view on the Mauritian Semdex from our Asset Class Strategy table with a gain of 1.5%.
Although the Nairobi Securities Exchange All-Share Index has been hit we remain positive towards it over the long term.
|Mauritius - Semdex Equity Index|