African Markets Review 09 23 19
- In Morocco, LAFARGEHOLCIM MAROC publishes a press release concerning its H1 2019 results, showing a consolidated turnover up by 0.2% to
MAD 3,889m and a net profit increasing by 8.6% to MAD 965m; - In Tunisia, UADH, its subsidiary CITROËN TUNISIE, opens its 45th point of sales in GAFSA in southwest of the country;
- In Egypt the German KFW BANK will grant a EUR 50m soft loan to finance a new 50 megawatt photovoltaic power plant in the country;
- Among the covered African Markets, Kenya Stock Exchange recorded the highest daily performance (+0.66%), whereas the Egyptian Stock Exchange pointed the lowest one (-5.32%), its biggest drop since 2012 due to
anti-government protests.
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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