African Markets Review 10 11 19
- In Morocco, BCP, announces the imminent closing of the acquisition of a 100% stake in the capital of the Congolese bank BANQUE COMMERCIALE INTERNATIONALE, according to the business press;
- In Tunisia, AETECH, publishes of its H1 2019 financial statements, showing revenues down by 50.99% to TND 3.11m and a net loss of TND -367.91k against a loss of TND -1.32m a year earlier;
- In Nigeria, VEROD CAPITAL MANAGEMENT LIMITED, sells its entire shareholding in the portfolio management firm TRUST MANAGEMENT SERVICES;
- Among the covered African Markets, the Egyptian Stock Exchange recorded the highest daily performance (+0.84%), whereas Ghana Stock Exchange pointed the lowest one (-0.70%).
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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