African Markets Review 04 22 19
- In Morocco, MAROC TELECOM published its Q1 2019 consolidated financial results showing:
- A slight 0.5% decrease in turnover to MAD 8,948m;
- A 3.7% increase in EBITDA to MAD 4,649m;
- A 1.5% improvement in EBITA to MAD 2,904m;
- And, a stable NIGS of MAD 1,583m (+0.1%);
- In Tunisia, SOCIETE ATELIER DU MEUBLE INTERIEURS released its quarterly indicators as of 03/31/2019, with consolidated sales up by 16% to TND 5.41m;
- In Nigeria SIFAX GROUP has launched a new subsidiary, SKY CAPITAL AND FINANCIAL ALLIED INTERNATIONAL LIMITED;
- Among the African markets, DAR ES SALAAM Stock Exchange recorded the highest daily performance (+1.05%), whereas NAIROBI SECURITIES EXCHANGE recorded the lowest one (-0.85%).
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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