African Markets Review 10 01 18
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The Moroccan company ADDOHA registered a 15.3% decrease in consolidated half-year revenues to MAD 2.6bn for a NIGS of MAD 373.9bn (-33.3%); The IMF approved the payment of a USD 245m loan tranche to Tunisia, the fifth under its loan program, according to the business press; Ethiopia is expected to record an economic growth of 8.5% for the 2018/2019 fiscal year; Among the African markets, the Ghanaian stock market recorded the highest daily performance (+1.17%), while the Kenyan stock market recorded the lowest one (-0.55%). |
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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