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African Markets Review 01 27 2021

  • In Morocco, PSA is relocating the production of the model 208 ALLURE at the Moroccan site of Kénitra which already manufactures the ACCESS and LIKE versions;
  • In Tunisia, bank refinancing with the BCT is at its lowest level since March 2017;
  • In Egypt, the IMF has projected that the global economy will grow 5.5% in 2021;
  • The African Markets showed slight technical adjustments yesterday, although the Nigeria Stock Exchange keeps on sloping upward (+1.21%), while the Tunis Stock Exchange posted the lowest performance (-0.53%).
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
Ghita BENIDER

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