African Markets Review 09 19 17
- The Moroccan trade balance records a 4% rise in deficit on a year-on-year basis to MAD 127.2bn at the end of August, 2017 (impact of the capital gain realized on the sale of a copper mine to WANBAO MINING);
- In Morocco, MANAGEM displays a 26% increase in the H1 Consolidated Sales to
MAD 2.5bn (i.e. 51.7% of our forecasts) for a Net Income-Group Share up by 12x to MAD 621m; - Bad orientation of most African markets except the Egyptian market with a performance of +0.19%;
- In Kenya, NAKUMATT announced a merger with TUSKYS to help deal with a liquidity crisis.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.