African Markets Review 05 23 18
- In Morocco, SNEP agreed to an amicable settlement of the 2018 tax audit, following the signature of a memorandum of Understanding with the Tax Administration for the irrevocable amount of MAD 10.5m;
- The Tunisian SANIMED is convening its shareholders to an AGM scheduled on 06/05/18;
- The Egyptian tourism revenues jumped by 83.3% in Q1 2018 to USD 2.2bn compared to the same period the year before;
- Among the African markets, the Tunisian Stock Exchange recorded the highest daily performance (+0.23%) while the Kenyan Stock Exchange recorded the lowest one (-0.92%).
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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