African Market Review 03 03 2020
- In Morocco, RMK HOLDING reinforce its stake in M2M GROUP's capital through the acquisition of 88.720 shares, increasing its stake from 51% to 64,7%;
- In Tunisia, 18 Japanese companies began a three-day visit to the country to explore business opportunities;
- In Egypt, ARAB BRIDGE MARITIME posted net profits of USD 5.3m in 2019, rising by 10.54% y-o-y;
- Among the covered African markets, BRVM Stock Exchange recorded the highest daily performance (+1.78%), whereas the Nigeria Stock Exchange pointed the lowest one (-1.53%).
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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