African Markets Review 08 09 19
- In Morocco, TOTAL MAROC has published a press release relating to the achievements at the end of June 2019, including:
- An increase in sales volume of more than 10% compared to the same period in 2018;
- And, a decrease of nearly 30% in net income from operations compared to the H1 2018 period;
- In Tunisia, the outstanding public debt amounted to TND 82.6bn at the end of H1 2019, compared to 81.3bn in 2018, according to the provisional results of the execution of the State budget;
- In Egypt, THE CENTRAL BANK OF EGYPT has launched new standards for import and export of foreign currency surplus during its board of directors meeting on the 5th of August;
- Among the covered African markets, the Egyptian Stock Exchange recorded the highest daily performance (+2.16%), meanwhile the Nigerian Stock Exchange pointed the lowest one (-1.21%).
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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