African Market Review 05 10 21
In Morocco, Banks' liquidity needs rose in April to a weekly average of MAD 63.3bn, compared to MAD 61.2bn in March, according to BANK AL-MAGHRIB's businessIn Tunisia, ONE TECH's turnover for the full year 2020 fell by 20% to TND 718.6m;
Standard & Poor's credit rating agency has kept the sovereign rating of the Egyptian economy at the level of B / B in the long-term and short-term, while maintaining a stable outlook;
Mitigated performances in the covered African markets as BRVM Stock Exchange recorded an outstanding upsurge of +1.72% while Tunis Stock Exchange ended the
session in the red (-0.22%).
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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