African Markets Review 09 03 2020
- Today, the price of brent crude oil bbl has fallen considerably to around USD 35;
- In Morocco, a 11.43% increase in the number of Internet subscribers to 25.9m in 2019 compared to 2018;
- In Tunisia, STAR ASSURANCES will distribute a dividend of TND 3.820 per share;
- In Egypt, SABAA INTERNATIONAL FOR PHARMACEUTICAL AND CHEMICAL achieved net profits of EGP 8,6m in 2019, compared to EGP 1,7m during the previous year;
- Among the covered African markets, only the BRVM Stock Exchange recorded a positive daily performance (+0.41%).
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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