Report

BKB Weekly Letter 08 31 17: The main indexes close the last session of August on a positive note

- An increasingly dynamic transactional volume to MAD 184.2m with ADDOHA draining 19.4% of trades for a volume of MAD 35.7m;

- FENIE BROSSETTE continues its upward movement by closing on the second step of the podium at MAD 181.1 (+ 4.7%);

- A 3.4% decrease in net income for ENNAKL to MAD 86.0m in H1 2017;

- AMMC gives the green light to the ANP for a bond issue of MAD 500m;

- Outstanding bank loans decreased by 1.3% at the end of July 2017 for a year-on-year increase of 5.8%;

- The M3 aggregate rose by 0.3% to MAD 1,223.7bn at the end of July 2017 compared to the previous month.

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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