African Markets Review 03 19 2020
- MARSA MOROCCO published a press release on indicators at the end of 2019 showing sales up by 6% to MAD 2,909m, an operating income improved by 14% to MAD 938m, a NIGS up by 21% to MAD 672m and a proposed DPS of MAD 9.7 (+4.3% per share compared to 2018);
- CENTRAL BANK OF TUNISIA announced a set of decisions aimed at ensuring the stability of the financial sector;
- The Egyptian government decided to decrease the dividend tax to companies listed on the Stock Exchange by 50% to 5%;
- Nigeria Stock Exchange recorded the highest positive daily performance (+1.09%), while Egypt Stock Exchange pointed the lowest daily performance (-5.00%).
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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