African Markets Review 03 28 18
- In Morocco, the 69.17 draft bill related to SUKUK was adopted to amend and supplement the 33.06 law on the securitization of assets by the Chamber of Councilors;
- The Central Bank of Tunisia recorded a strong net income growth of 74% in 2017 compared to 2016;
- In South Africa, the rating agency STANDARD & POOR'S increases its growth forecast for the country to 2% in 2018 and to 2.1% in 2019;
- Among the African markets, the Egyptian Stock Exchange recorded the highest daily performance (+0.97%) while the Nigerian Stock Exchange recorded the lowest one (-0.73%).
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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