An economy called to do better
- A 3.2% expected increase of non-agricultural value added in Q1 2018, while the agricultural value-added should be revised upward considering higher rainfall levels than initial estimates;
- Improvement of Morocco's position in many international rankings and fields (economic freedom, budget openness, entrepreneurship, corruption and innovation);
- Increase of the key Casablanca Stock Exchange indexes to + 6.09% for the MASI and + 6.04% for the MADEX;
- And, continued development of BMCE Capital Research portfolio performance with a performance of 6.59% at the end of February 2018.
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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