African Market Review 05 03 2021
In Morocco, the Producer Price Index of Manufacturing Industries excluding Oil Refining increased by +0.7% in March compared to February;
In Tunisia, OFFICE PLAST recorded in the first quarter of 2021 an increase of +118% compared to the same period of 2020 to settle at TND 5.3m of which 53% in export;
Egypt has announced that it will be constructing a petrochemical complex in Ain Sokhna on the Gulf of Suez at an investment of USD 7.5bn to meet the demand for petroleum products in the local market;
Good global orientation of the covered African markets’ daily performances this Friday, with in particular a strong rise of +5.08% for the Ghana Stock Exchange.
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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