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African Markets Review 12 30 19

  • In Morocco, STOKVIS published a Profit Warning on the results for the financial year 2019;
  • In Tunisia, the Board of Directors of the BCT recorded the regression of the current account deficit to the level of 7.9% of GDP during the first 11 months of the current year, against 9.9% for the same period of the previous one;
  • In Egypt, MISR CHEMICAL INDUSTRIES decided to rise the issued capital from EGP 260mn to EGP 292.5mn with an increase amounting to EGP 32.5mn;
  • Among the covered African markets, BRVM Stock Exchange recorded the highest daily performance (+2.72%), whereas Egyptian Stock Exchange pointed the lowest one (-0.52%).
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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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