African Market Review 08 07 2020
- In Morocco, a merger project between ONCF and ADM aimed to rescue the two public enterprises is being considered;
- In Tunisia, announcement by MPBS of its TND 1.1m Capital increase;
- In Egypt, Foreign Minister M. Sameh SHOUKRY and his Greek counterpart, M. Nikos DENDIAS, announced signing a maritime demarcation agreement to establish an exclusive economic zone between their two countries;
- Among the covered African markets, Nairobi Securities Exchange recorded the best daily performance (+2.03%) while the Egyptian Stock Exchange posted again the worst variation (-2.98%).
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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