African Markets Review 09 18 18
- Ranking of Morocco in the 123rd position out of 189 countries studied in terms of human development, thus maintaining its position in the “average countries” category, according to the business press reiterating the UNDP 2018 report;
- The 2019 Tunisian draft budget bill forecasts a budget deficit of 3.9%, down 1 percentage point compared to 2018…
- … And, the budget deficit of 2019 is expected to be TND 4.5bn against TND 5.2bn estimated for 2018;
- Mauritius remained the top source of foreign direct investments into India in 2017-18 followed by Singapore totaling USD 13.41bn against USD 13.38bn in the previous year;
- Among the African markets, the Ghanaian stock market recorded the highest daily performance (+0.90%), while the BRVM recorded the lowest one (-1.26%).
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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