African Markets Review 05 09 19
- In Morocco, MARSA MAROC completed the acquisition of a stake in the capital of the subsidiary MARSA INTERNATIONAL TANGIER TERMINALS S.A. by EUROGATE INTERNATIONAL GMBH and CONTSHIP ITALIA S.P.A;
- In Tunisia, the ministry of Finance obtained the approval to benefit from a EUR 356m loan from local banks to finance the state budget;
- In Egypt, exports to Turkey rose by 9.7% during 2018, recording USD 2.2bn, compared to USD 1.9bn in 2017, according to the business press;
- During the last session, the BRVM recorded the highest daily performance (+0.24%) whereas the Egyptian Stock exchange closed the ranking (-2.52%).
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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