A market in the red at the end of the week
- Closing in a negative territory at the end of this week, driven by the underperformance of stocks in the building materials (-4.01%), agribusiness (-2.26%) and distribution (-2.08%) sectors, with a MASI depreciating by 1.04% to 11,211.21 points and a MADEX down by 1.08% to 9,111.15 points;
- Weak, the overall volume amounted to MAD 49.2m;
- Launch on Friday, October 5th of the first issue of sovereign Sukuk;
- A 2% increase in car sales to 127,820 units at the end of September 2018
BMCE Capital Global Research is a subsidiary of BMCE Capital Group dedicated to Research and Financial Analysis. It is addressed to professional investors (financial institutions, management companies, etc.) to which it provides information and independent analysis aligned with international standards. BMCE Capital Research covers equities, interest rate, Forex and commodities markets in Morocco, Tunisia and WAEMU region (Bourse Régionale des Valeurs Mobilières, BRVM). Thanks to its latest generation technology platform, to its teams and to those of its partners, the Research Office of BMCE Capital is now able to cover simultaneously several places in Africa and to produce several publications co-branded under its umbrella brand African Securities Network, ASN.
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