African Markets Review 04 09 18
- In Morocco MAROC TELECOM obtained the AMMC approval for the renewal of its share buyback program proposed at the OGM to be held on April 24th, 2018;
- In Tunisia, ATTIJARI BANK proposed a dividend of around TND 1.2 for distribution in 2017 vs. TND 2 last year;
- In Nigeria, LAFARGE AFRICA posted a loss before minimum tax of NGN 34.03bn vs. NGN 22.82bn in 2016;
- Among the African markets, the Casablanca Stock Market recorded the highest daily performance (+0.31%) while the Tunisian Stock Exchange recorded the lowest one (-0.88%).
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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