African Markets Review 03 25 19
- In Morocco, SONASID’s 2018 results displayed a consolidated turnover up by 3.1% to MAD 3,829m, a consolidated EBITDA down by 30% to MAD 191m, and a NIGS down by 70.5% to MAD 13m;
- In Tunisia, BIAT Published a press release on the 2018 financial results highlighting a net profit up by 19.06% to TND 254.8m and an NBI of TND 834.5m vs. TND 788.4m a year earlier;
- In Egypt, three private companies are expected to debut the Egypt Exchange (EGX) by the end of Q2 2019;
- Among the African markets, Nairobi Securities Exchange recorded the highest daily performance (+1.10%), whereas Casablanca Stock Exchange recorded the lowest one (-1.62%).
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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