African Market Review 07 02 2020
- In Morocco, 9 pts decrease in the production capacity utilization rate to 56% at the end of May 2020 in m-o-m;
- In Tunisia, The monthly average money market rate stagnates at 6.80% for the third consecutive month;
- Kenya’s economic growth slowed down to 4.9% in the first quarter of 2020 from 5.5% in 2019;
- Negative daily performances were recorded in all the covered African Markets except for Casablanca Stock Exchange (+0.42%) and Nigeria Stock Exchange (+0.47%).
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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