African Markets Review 02 03 2021
- In Morocco, INVOLYS published of a Profit Warning anticipating a significant decrease in its net profit;
- In Tunisia, the House of Representatives adopted two bills approving two loan agreements with the German bank KFW for EUR 250m
- In Egypt, a +26.6% year-on-year (y-o-y) jump in total automotive sales has been recorded, amounting to 213,200 units in 2020;
- Strong performances were recorded in this second session of the week in the Nairobi Securities Exchange (+0.69%) and Casablanca Stock Exchange (+0.62%) while the Nigeria Stock Exchange posted a negative one (-0.74%).
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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