African Markets Review 05 03 2020
- In Morocco, DELTA HOLDING published its annual activity indicators showing a 3.3% y-o-y increase in its turnover to MAD 2,953m, a 4.8% increase in consolidated net income to MAD 262m and a proposed dividend of MAD 1.7 per share;
- In Tunisia, MONOPRIX GROUP announces a net profit of TND 1.3m in 2019;
- In Egypt, CAIRO POULTRY posted consolidated net profits of EGP 117m compared to net profits of EGP 147,6m in FY2018, taking into account the minority rights;
- Except for the Nairobi Securities Exchange (+1.02%) and Nigeria Stock Exchange (+0.61%), all the other African stock exchanges registered their main indices in the red yesterday at the close of the markets.
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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