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African Market Review 07 20 2020

  • In Morocco, MAROC TELECOM released its H1 2020 results showing a stable NIGS at MAD 3bn;
  • In Tunisia, the banking sector is expected to display a 20% decrease in its results in 2020, according to the business press;
  • The Senegalese government will invest XOF 2.5bn in partnership with the AfDB for the construction of a training center for oil and gas professions, according to the business press;
  • Among the covered African markets, BRVM recorded the best performance (+0.66%), while the Egyptian Stock Exchange posted the worst variation (-2.98%).
Provider
BMCE Capital Global Research
BMCE Capital Global Research

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.

Analysts
Imane FOUAL

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