African Markets Review 07 08 19
- In Morocco, announcement of a possible takeover of LA MAMOUNIA by the global leader in phosphates, OCP, according to the business press;
- In Tunisia, SAH aims to become the leader in the detergent market through its LILAS brand;
- In Egypt, the budget has reached a growing initial surplus of EGP 36bn, in addition to an increase in total investments of 26% to EGP 1.17tn;
- Among the African Markets, the Nairobi Securities Exchange recorded the highest daily performance (+0.70%), whereas the Casablanca Stock Exchange recorded the lowest one (-0.25%).
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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