African Markets Review 08 01 18
- In Morocco, BCP released its earnings in H1 2018 showing a 2.1% increase in consolidated net banking income to MAD 8.4bn and a rise of 6.7% in net income to MAD 1.6bn compared to H1 2017;
- In Tunisia, a 17.7% increase in foreign investment rate in H1 2018;
- In Kenya, sugar exports in six months to June grew nearly threefold to 1,034 tons from 277 tons in the comparable period last year;
- Among the African markets, the Egyptian market recorded the highest daily performance (+1.85%), while the Kenyan market recorded the lowest one (-0.36%).
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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