African Markets Review 01 19 18
- In Morocco, increase of 10.1% of the electronic payments volume to 339.4 million transactions and of 9.5% in value to MAD 286.6bn in 2017 compared to the previous year, according to CMI’s statistics;
- In Tunisia, ATTIJARI BANK’s Net Banking Income grew by 14.2% in 2017 to TND 362m;
- The Egyptian index of manufacturing and extractive industries reached 137.37 points during November 2017 compared to 136.53 in October 2017, an increase of 0.6% due to the rise in food production, according to the Central Agency for Public Mobilization and Statistics;
- Among the African markets, the Egyptian Stock Exchange recorded the highest daily performance (+1.40%) while the BRVM Stock Exchange has recorded the lowest one (-0.79%).
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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