African Markets Review 11 27 18
- In Morocco, CIH BANK released its Q3 2018 results showing (i) a 12.4% increase of GNP to MAD 1,666.4m, (ii) a 19.8% gain in the cost of risk to MAD 222m and (iii) a 51% appreciation of the RNPG to MAD 357.4m;
- The Tunisian Government recorded an increase of 17.1% in foreign investment in the first 10 months of 2018 to reach TND 1,700m, according to the Agency for Promotion of Foreign Investment FIPA;
- In Ethiopia, the African Development Bank (AfDB) will provide a USD 125m grant to the country to fund its basic services transformation program;
- Among the African markets, the Kenyan stock market registered the highest daily performance (+0.38%), while the BRVM recorded the lowest one (-1.63%).
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.