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African Markets Review 01 13 2020

  • In Morocco, MUBAWAB announced a new USD 7m capital increase from EMERGING MARKETS PROPERTY GROUP, according to the business press;
  • In Tunisia, ETAP realizes a net profit of TND 297m in 2018 against TND 111.2m in 2017, an increase of 2.7x;
  • In Egypt, MARIDIVE & OIL SERVICES CO incurred consolidated net profits of EGP 22.2m at end September, versus EGP 18.3m in the same period a year ago, taking into account the minority rights;
  • Among the covered African markets, the Egyptian Stock Exchange recorded the highest daily performance (+0.61%), whereas Casablanca Stock Exchange pointed the lowest one (-0.65%).
Provider
BMCE Capital Global Research
BMCE Capital Global Research

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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