African Markets Review 12 17 19
- In Morocco, the Casablanca Stock Exchange sets the subscription right to the capital increase of ADDOHA at MAD 0.01;
- In Tunisia, WINDY INVESTMENTS & PARTICIPATIONS -WIP- acquire 15,000 UBCI shares (i.e. a 0.07% stake) on December 11th 2019 for a total amount of TND 450k;
- In Egypt, OBOUR LAND plans to increase its annual exports to USD 5m over the upcoming three years, with special focus on juice products;
- Among the covered African markets, Nigeria Stock Exchange recorded the highest daily performance (+0.84%), whereas the Egyptian Stock Exchange pointed the lowest one (-0.22%).
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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