African Markets Review 09 03 18
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A slight increase in Monetary Growth in Morocco of 0.3% to MAD 1,278.5bn at the end of July 2018 compared to the previous month; The Tunisian BIAT recorded a Net Banking Income of TND 388.1m in H1 2018, i.e. an increase by 15.4% compared to the same period of last year; Three Chinese banks, CHINA DEVELOPMENT BANK (CDB), the INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ICBC), and CHINA EXIM BANK are considering over USD 2bn OF syndicated loan for the New Administrative Capital in Egypt, according to the business news; Among the African markets, the Tunisian stock market recorded the highest daily performance (+0.42%), while the Egyptian stock exchange recorded the lowest one (-0.98%). |
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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