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African Markets Review 04 02 19

  • In Morocco, BMCI convene its shareholders to the 05/03/2019 AGM to decide on the distribution of a MAD 30 DPS (against MAD 97 in 2017);
  • In Tunisia, HANNIBAL LEASE published a press release on the 2018 financial statements showing a 44.55% y-o-y dwindle in NI to TND 4.54m and a 40.78% decline in consolidated NI to TND 5.04m;
  • Net foreign assets at the Egyptian banking Sector reached a surplus of USD 14.349bn in February, compared to EGP 8.312bn in January;
  • In this first weekly session, the Egyptian stock market recorded the highest daily performance (+1.47%) whereas the Nigerian stock exchange recorded the lowest one (-1.70%).
Provider
BMCE Capital Global Research
BMCE Capital Global Research

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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