African Markets Review 08 30 19
- In Morocco, ATTIJARIWAFA BANK publishes a press release concerning its Q2 2019 indicators, showing a 2.7% increase in consolidated NBI to MAD 5.8bn compared to Q2 2018;
- In Tunisia, ATTIJARI BANK publishes its H1 2019 interim financial statements, highlighting a net banking income up by 10.62% to TND 235.91m, and a net profit increasing by 15.6% to TND 86.14m compared to TND 74.51m a year earlier;
- In Egypt, the FINANCIAL REGULATORY AUTHORITY approved the publication of an invitation for ARABIA INVESTMENT HOLDING’s existing shareholders to subscribe to a capital increase;
- Among the covered African markets, the Egyptian Stock Exchange recorded the highest daily performance (1.64%), for the 2nd time in a row, whereas the Ghanaian Stock Exchange posted the lowest one (-0.55%).
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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