African Markets Review 09 05 19
- In Morocco, SAHAM ASSURANCE publishes its H1 2019 financial statements, showing an 11.3% increase in turnover to MAD 3,073m against a 20% decrease in net income to MAD 222m;
- In Tunisia, NEW BODY LINE publishes its H1 2019 financial statements, highlighting revenues near-stagnation to TND 3.19m and a 46.83% decrease in net income to TND 597.61k;
- In Egypt, the non-oil imports fell by 13.57% to USD 4.877bn in June 2019, according to the General Organization for Import and Export Control;
- Among the covered African markets, Ghana Stock Exchange recorded the highest daily performance (+1.03%), whereas Nairobi Stock Exchange pointed the lowest one (-1.17%).
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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