African Markets Review 09 26 19
- In Morocco, COLORADO, publishes its H1 2019 accounts, showing a 3.1% decrease in its turnover to MAD 246m, an operating income up by 2.2% to MAD 37.8m, and a net income down by 3.5% to MAD 22.9m;
- In Tunisia, LAND'OR, signs a 15 years shareholders' agreement with the Mauritian investment fund MAGHREB PRIVATE EQUITY FUND IV LLC;
- In Egypt, the Finance Ministry announced its success in attracting offers for treasury bonds worth USD 61.2m;
- Among the covered African Markets, the Egyptian Stock Exchange recorded the highest daily performance (+3.22%) after many negative achievements since the beginning of the week, whereas Nairobi Stock Exchange pointed the lowest one (-0.32%).
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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