African Markets Review 03 19 18
- In Morocco, COSUMAR announced its 2017 annual results displaying a 5.9% increase of consolidated turnover to MAD 8,332m; In Morocco, COSUMAR announced its 2017 annual results displaying a 5.9% increase of consolidated turnover to MAD 8,332m;
- Côte d’Ivoire issued EUR 1.7bn of bonds on Thursday, March 15th, recording the biggest issuance in the common currency from an African government, according to Bloomberg;
- In Ghana, the telecommunication company MTN made GHS 238m profit in 2017 with revenues up by 24% to GHS 3.4bn;
- Among the African markets, the Egyptian Stock Exchange recorded the highest daily performance (+1.60%) while the Nigerian Stock Exchange recorded the lowest one (-0.81%).
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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