African Markets Review 02 24 2020
- In Morocco, MANAGEM posted an alert on its 2019 results a anticipating a deficit in consolidated net income and in individual net income;
- In Tunisia, trade at constant prices recorded a fall of 2.5% in export volumes and of 18.7%in import volumes;
- In Egypt, AL BARAKA BANK posted consolidated net profits of EGP 1,070,792,490 in 2019, compared to net profits of EGP 1,003,637,505 in the same period a year ago, taking into account the minority rights;
- Among the covered African markets, only the Casablanca Stock Exchange (+1.85%) and the BRVM Stock Exchange (+0.19%) recorded positive daily performances.
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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