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African Markets Review 12 16 19

  • In Morocco, BCP obtaining the Visa of the AMMC for a subordinated bond issue for an amount of MAD 2bn;
  • In Tunisia, the State acquires the entire stake of the French banking group BPCE in the capital of BTK;
  • In Egypt, ACROW MISR posted at end September, 2019, a consolidated net profit of EGP 76m, compared to net profits of EGP 161m in the same period a year ago, taking into account the minority rights;
  • Among the covered African markets, Casablanca Stock Exchange recorded the highest daily performance (+0.61%), whereas the Nairobi Securities Exchange pointed the lowest one (-0.41%).
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.

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