African Markets Review 10 08 18
- In Morocco, the economy’s growth rate was accelerated to 2.8% in Q3 2018 compared to the previous quarter, according to the HCP;
- The BANK OF TUNISIA will set for sale on 10/11/2018 a batch of 2,987 BT shares at the minimum sale price of TND 8,100 per share;
- In Nigeria, the value of transactions via mobile devices rose by 56% in the first nine months of 2018 to NGN 216bn, as banks, fintechs and telecommunications companies intensify efforts to deepen financial inclusion;
- Among the African markets, the Kenyan stock market recorded the highest daily performance (+0.54%), while the Egyptian stock exchange recorded the lowest one (-1.46%).
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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