Report
EUR 25.00 For Business Accounts Only

African Markets Review 12 12 19

 

  • In Morocco, AUTO HALL published its activity indicators at end September 2019, highlighting a consolidated turnover down by 8% to MAD 3,177m, a consolidated pre-tax income up by 3% to MAD 177m, EBITDA up by 6% to MAD 323m and, an improvement in PDM at end November in the commercial vehicle, LUV and agricultural tractor segments;
  • In Tunisia, ATL implemented a liquidity agreement comprising 100,000 ATL shares and TND 250k of liquidity as from 12/12/2019 in order to ensure the liquidity of ATL shares and the regularity of listing;
  • In Egypt, the Board of Directors of CITY EDGE DEVELOPMENTS has announced the appointment of Amgad HASSANEIN to the position of CEO to succeed Amr ELKADY who has resigned his position;

Among the covered African markets, Ghana Stock Exchange recorded the highest daily performance (+0.76%), whereas Egyptian Stock Exchange pointed the lowest one (-0.61%).

Provider
BMCE Capital Global Research
BMCE Capital Global Research

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.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch