African Markets Review 11 29 17
- In Morocco, BMCI has published its Q3 2017 results showing a 19.9% rise in Net Income-Group Share to MAD 474.2m;
- PREDICTIVE DISCOVERY raised USD 2.6m for gold exploration in West Africa, especially in Burkina Faso and Côte d’Ivoire;
- In Kenya, CITIBANK achieved a 23.08% increase in net profit to KES 2.86bn at the end of September 2017 compared to the same period last year;
- Among the African Markets, the Egyptian Exchange recorded the highest daily performance (+2.26%) while Ghana Stock Exchange recorded the lowest one (-1.29%).
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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