African Markets Review 05 18 18
- A 25.5% increase in the Moroccan insurance sectors’ net income to MAD 4.33bn in 2017 for a turnover in appreciation by 9.1% to MAD 40.6bn;
- The Tunisian Group LAND’OR displayed a 7.9% increase in its operating income to TND 6.1m in 2017 compared to 2016;
- The value of Egyptians working abroad remittances reached USD 17.3bn, between July 2017 and February 2018, up from USD 13.9bn on the same period the year before;
- Among the African markets, the Tanzanian Stock Exchange recorded the highest daily performance (+0.17%) while the West African Stock Exchange recorded the lowest one (-1.79%).
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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