African Markets Review 10 04 17
- In Morocco, WAFA ASSURANCE intends to open new subsidiaries in the ECOWAS region either through the constitution of new companies or the purchase of shares in existing insurances, according to economic press;
- In Tunisia, CARTHAGE CEMENT suffered a TND 27.9m net loss at the end of the H1;
- The Casablanca Stock Exchange recorded the highest daily performance (+0.68%) among the African Markets in contrast to the Ghana Stock Exchange (-2.53%);
- In Kenya, MOODY’S placed the B1 rating on review for downgrade.
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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