African Markets Review 11 26 19
- In Morocco, AFRIQUIA GAZ publishes its Q3 2019 activity indicators highlighting a consolidated turnover down by 2.9% to MAD 4,852m, investments up by 16.8% to MAD 368.1m and a net debt of MAD 1,744.3m compared to MAD 1,630m at end September 2018;
- In Tunisia, SIPHAT publishes its Q3 2019 activity indicators showing a 28.5% decrease in turnover to TND 17.5m;
- In Kenya, the Central Bank lowered its key rate from 9% to 8.5%, according to its Governor;
- Likewise the previous sessionand among the covered African markets, Nigeria Stock Exchange recorded the highest daily performance (+0.33%), whereas the Egyptian Stock Exchange pointed the lowest one (-0.54%).
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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