African Markets Review 09 26 18
- The Moroccan firm LAFARGEHOLCIM MAROC released its H1 2018 accounts displaying :
- A 1% decrease in consolidated turnover to MAD 3.9bn;
- A 5% decline in its consolidated current operating income to MAD 1.5bn;
- And, an 8% decrease in NIGS to MAD 889m;
- In Tunisia, AIR LIQUIDE TUNISIE announced a capital increase of TND 1.21m by reserves incorporation at the exchange parity of one new share for thirty existing shares, with entitlement to dividends as of January 1st, 2018 according to the business press;
- The Kenyan Central Bank held its benchmark lending rate unchanged at 9% on September 25th, 2018, in order to monitor the impact of a new tax on petroleum products, according to the business press.
- Among the African markets, the Nigerian stock market recorded the highest daily performance (+2.18%), while the Tanzanian stock exchange recorded the lowest one (-0.39%).
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.