African Markets Review 08 05 19
- In Morocco, CREDIT DU MAROC LEASING & FACTORING publishes its financial achievements at the end of June 2019 showing a Net Income depreciation of 91% to MAD 441K compared to MAD 5,280K one year earlier;
- In Tunisia, the total indebtedness of individuals to the banking sector increased by 5.2% in 2018 to TND 23.89m, compared with TND 22.71m in 2017;
- In Egypt, the CENTRAL BANK issued the External Position of the Egyptian Economy Report, highlighting that the Country's total external debt has reached 35.1% of GDP at the end of December 2018;
- Among the covered African Markets, the Egyptian Stock Exchange recorded the highest daily performance (+0.67%), meanwhile the Nairobi Securities Exchange pointed the lowest one (-1.24%).
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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