African Markets Review 10 24 19
- Morocco moves up by 7 places to the 53rd rank the Doing Business world ranking;
- In Tunisia, EURO-CYCLES signed a contract with the major American group JB IMPORTS for a first test order of 1,000 bicycles, according to the company's latest press release;
- In Nigeria, FBN HOLDING announced that its profit after tax increased by 15.3% to NGN 51.8bn on September 30th, 2019;
- Among the covered African Markets, BRVM Stock Exchange recorded the highest daily performance (+0.25%), whereas the Egyptian Stock Exchange pointed the lowest one (-0.53%).
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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