African Markets Review 11 05 19
- In Morocco, SAHAM ASSURANCE, approved some changes in its board of directors following its meeting on 11/05/19, including the resignation of Mrs Nadia FETTAH from her position as Administrator;
- In Tunisia, BIAT sold 67,334 shares (representing a 0.40% stake) to INOPLAST FINANCIERE HOLDING, during the period from 10/21/2019 to 11/01/2019, for a total amount of TND 7.41m;
- AFRICAN DEVELOPMENT BANK board recently approved a 125% capital increase to USD 208bn, according to the business press.
- Among the covered African markets, Dar Es Salaam securities exchange recorded the highest daily performance (+1.48%), whereas BRVM Stock Exchange pointed the lowest one (-0.62%).
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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