African Markets Review 09 29 17
- In Morocco, at the end of H1 2017, BMCI recorded a decrease in NBI and in the Cost of Risk respectively to MAD 1,531.7m (-0.8%) and to MAD 197.7m (-40%)…
- And, ADDOHA recorded a 14.7% drop on proforma basis in consolidated Sales to MAD 3bn for a Net Income-Group Share decreasing by 1.3% on proforma basis to MAD 560.9m;
- The Egyptian Stock Exchange records the highest daily performance (+1.51%) among the African Markets at the opposite of the Kenyan Stock Exchange (-0.99%);
- In Tanzania, VODACOM’s Board of Directors agreed to distribute 60% of the Net Profit to shareholders;
- A 4% increase expected in economic growth for Benin, according to the IMF.
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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