African Markets Review 05 15 19
- In Morocco, TAQA MOROCCO published its Q1 2019 financial indicators with:
- A 14% increase in consolidated turnover to MAD 2,375m;
- A 4% decrease in operating income to MAD 654m;
- And a 6% decline in NIGS to MAD 265m;
- Tunisia’s trade deficit reached TND 6.33bn (USD 2.12bn) during the first four months of 2019 compared to TND 5.08bn during the same period in 2018;
- Togo is now a member of the development center of the Organization for Economic Cooperation and Development (OECD);
- Among the African markets, Ghana Stock Exchange recorded the highest daily performance (+3.68%) while the Nairobi Securities Exchange recorded the lowest one (-1.32%).
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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