African Markets Review 05 31 18
- In Morocco, stagnation of bank credits outstanding to MAD 829.5bn at the end of April 2018, a 2.6% increase compared to the same period of 2017;
- In Tunisia, SOCIÉTÉ TUNISIENNE D'ENTREPRISE DE TÉLÉCOMMUNICATIONS published a net profit of TND 6m (+315%) in 2017 compared to 2016, according to the business press;
- Nine Chinese companies will invest a total amount of USD 10m in the special economic zone of Musina-Makhado in South Africa;
- All African markets display negative daily performances with the highest downward observed in the Egyptian Stock Exchange (-1.44%).
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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