African Markets Review 07 02 18
- In Morocco, quasi-stagnation (+0.2%) of the outstanding amount of bank credits to MAD 831.4bn at the end of May 2018 compared to the previous month (-1.4% y-t-d);
- In Tunisia, CIE FINANCIERE D'INVESTISSEMENT - BAYAHI Group - acquires 117,160 TPR shares on 06/26/2018 and 151,900 shares dated 06/28/2018 of TUNISIE PROFILES D’ALIMINIUM for a total amount of TND 1,390m;
- Ghana, the Board Chairman of Savings and Loans Plc assured that the financial institution is in good fiscal standing to compete in its space;
- Among the African markets, the Nigerian market recorded the highest daily performance (+1.51%), while the Moroccan market recorded the lowest one (-1.04%).
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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