BMCE Capital Research Strategy May 2018 -English-
|
Acceleration of economic growth to +4.1% in 2017 according to the HCP’s National Accounts report, generated mainly by the sharp increase of 15.4% in volume of agricultural value added following the recovery of the cereal harvest; Significant widening of the budget deficit and pursuit of the upward trend in Treasury lending especially on short and medium maturities; Continued widening of the external trade deficit despite the good performance of exports; 0.2 point drop in the unemployment rate to 10.5% in Q1 2018 y-o-y; Decline in the flagship indices’ performance of the Casablanca Stock Exchange ending the month of May 2018 in the red. |
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.