African Market Review 05 07 2021
* FITCH confirms its "BB+" rating for Morocco with a stable outlook;
* STIP, the Tunisian company of tire industries requests the imposition of anti-dumping duties of 30% on imported tires of the BRIDGESTONE BRAND from Europe and 50% on brands imported from Turkey and China;
* In Egypt, production index for transformative and extractive industries, excluding crude oil and petroleum products, inched up +2.25%, recording 100.92 in February 2021 compared to 98.70 in January 2021;
* The Ghana Stock Exchange closed the session on the highest daily performance (+0.55%) while the Nigeria Stock Exchange ended the day of a negative note of -0.87%.
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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