African Markets Review 12 20 18
- In Morocco, CARTIER SAADA recorded a 16.5% decrease in revenues to MAD 64.7m for a potential profit in decline by 73.9% to MAD 1.4m;
- A 30.4% increase in foreign investment in Tunisia at the end of November 2018 to reach TND 2,574.1m, thus exceeding the planned targets for 2018, i.e. TND 2,500m;
- The outstanding balance of Egyptian treasury bonds fell by EGP 8bn at the end of November 2018 to a total of EGP 686.366bn, from EGP 693.864bn at the end of October 2018;
During the last session, the Moroccan stock market recorded the highest daily performance (+0.09%), while BRVM recorded the lowest one (-1.85%).
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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