African Markets Review 09 11 17
- In Morocco, CIH BANK records a 32.1% drop in Net Income-Group share to MAD 122.1m compared to H1 2016;
- The Tunisian Company UNION INTERNATIONALE DE BANQUES signed a USD 10m Trade Finance Agreement with the EBRD to cover issuances maturing up to 3 years and financial pre-export and post-import transactions;
- The Nairobi Securities Exchange records the highest performance (+1.01%) among African Markets, at the opposite the Ghana Stock Exchange has the lowest daily performance (-4.25%);
- Mauritius introduced an “Exchange Rate Support Scheme” with a maximum grant of MUR 2.5 per USD to exporters for a period of 6 months stating from September 11th.
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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