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African Markets Review 05 06 19

  • In Morocco, BCP obtained the market regulator visa concerning its share buyback program for a maximum of 9,112,733 shares (i.e. 5% stake) for a maximum purchase price of MAD 351 and a minimum sale price of MAD 189;
  • In Tunisia, inflation fell from 7.1% in March to 6.9% in April, according to the INS;
  • In Kenya, the World Bank will provide USD 250m to improve access to affordable housing in the Country;
  • Among the covered African markets, the Tanzanian Stock Exchange recorded the highest daily performance (+2.24%) whereas the Egyptian Stock Exchange closed the ranking (-2.48%).
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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