African Markets Review 04 23 18
- In Morocco, MAROC TELECOM announced its Q1, 2018 results showing an improvement in the company’s NIGS by 5.6% to MAD 1,582m;
- In Tunisia, DELICE HOLDING’s Q1 turnover up by 9.8% to TND 203.4m compared to the same period last year;
- The Egyptian government aims for foreign investment in the oil and gas to reach about USD 10bn in the 2018/19 fiscal year starting in July, 2018, according to the business press;
- Among the African markets, the Egyptian Stock Exchange recorded the highest daily performance (+0.66%) while the Kenyan Stock Exchange recorded the lowest one (-0.52%).
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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