African Market Review 06 25 2020
- In Morocco, A 75% contraction in turnover for the building and 60% for public works due to the health crisis, according to the economic press taking up the FNBTP;
- In Tunisia, France has delivered a new batch of medical equipment, the fourth since the start of the coronavirus crisis, which consists of two artificial resuscitation respirators and other equipment;
- In Egypt, The International Monetary Fund should delay a vote on a USD 5.2 bn loan to Egypt scheduled for June 26, 2020;
- Continuation of the downward trend amongst the covered African stock markets except those of Tunis which posted for a consecutive time a shy increase of 0.41%.
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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