African Markets Review 01 02 2020
- In Morocco, COSUMAR starts the exploitation of its sugar refinery at Yanbu in Saudi Arabia scheduled for March 2020;
- In Tunisia, the TUNINDEX20 changes its composition as of January 2nd, 2020 by the elimination of TPR, MAGASIN GENERAL and MONOPRIX and the addition of ATB, EURO-CYCLES and UNIMED;
- In Egypt, INTERCOM aims to carry out projects worth EGP 400m in the field of information security;
- Among the covered African markets, Casablanca Stock Exchange recorded the highest annual performance (+7.11%), whereas Nigeria Stock Exchange pointed the lowest one (-16.89%).
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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