BMCE Capital Research Strategy November 2019
- Morocco rose by 7 places in the Doing Business ranking to position itself at 53rd place Worldwide and maintain its lead in North Africa;
- Increase in the trade deficit by 2.4% to MAD -154.4bn, including a 3.1% rise in imports to MAD 365.9bn and a 3.5% rise in exports to MAD 211.4bn;
- Successful Eurobond issue on the international financial market;
- Relative improvement of the flagship indices of the Casablanca Stock Exchange by +2.92% for the MASI and +2.99% for the MADEX compared to the previous month, for performances of +4.03% and +4.41% respectively in y-t-d;
- Excellent return (+15.81%) of our stock selection, outperforming its Benchmark by 7.7 pts.
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.