African Markets Review 08 27 18
- A 11.2% widening of the Moroccan treasury deficit to MAD -20.2bn at the end of July 2018 y-o-y;
- Tunisia surpassed the milestone of 5m foreign tourists on August 20th 2018 as a clear improvement over the same period last year;
- In Ghana, the year-on-year inflation from the Producer Price Index (PPI) for all industry increased slightly from 7.7% in 2017 to 8.2% in July 2018;
- Among the African markets, the Mauritian stock market recorded the highest daily performance (+0.45%), while the Kenyan stock exchange recorded the lowest one (-0.27%).
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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