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African Markets Review 06 10 19

  • In Morocco, the growth forecasts have been revised by the WORLD BANK to 3.5% and 3.6% for 2020 and 2021 respectively;
  • In Tunisia, a decreases in 2018 NI of SOTETEL by 32.6% to TND 4.04m ...
  • ... And, decision of the Board of Directors to propose to the next AGM the distribution of a 2018 DPS of TND 0.1;
  • In Egypt, the Suez Canal Authority has provided the state treasury with EGP 74bn in the 2018-2019 fiscal year;
  • In Cameroon, The Government collects XAF 121bn for investment project;
  • Among the covered African markets, the Egyptian stock exchange recorded the best daily performance (+0.90%) while the Nigerian stock exchange recorded the lowest one (-0.37%).
Provider
BMCE Capital Global Research
BMCE Capital Global Research

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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