African Markets Review 08 08 19
- In Morocco, TANGER MED is now ranked second in Africa in CNUCED's ranking for port connectivity, with a score of 53.62;
- In Tunisia, SOMOCER announced that it had crossed the 66.6% threshold in SOTEMAIL's share capital following the acquisition of 4 million shares;
- In Nigeria, the CENTRAL BANK sold a total of NGN 114.6bn in Treasury bills, aiming to boost liquidity in the USD foreign exchange market;
- Among the covered African markets the Egyptian Stock Exchange recorded the highest daily performance (+1.65%), whereas the Nigeria Stock Exchange pointed the lowest one (-0.51%).
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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