African Markets Review 01 18 2021
- In Morocco, the production capacity of the PSA GROUP’s Kénitra factory has been doubled to 200,000 vehicles;
- In Tunisia, New BODY LINE announced a +64% increase in its Q4 2020 sales;
- In Egypt, Egypt’s annual urban headline inflation declined to 5.4% in December from 5.7% in November 2020;
- A great daily performance (+0.79%), mainly triggered by the Banking sector, was recorded in the Casablanca Stock Exchange on Friday, while the BRVM Stock Exchange ended the week in the red (-0.76%).
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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