African Markets Review 02 08 2021
- In Morocco, MARSA MAROC released its Q4 2020 indicators showing a consolidated revenue down by -5% to MAD 2,757m;
- In Tunisia, FITCH RATINGS has confirmed TUNIS RE's financial strength rating of AA "Very Strong" with a stable outlook;
- In Egypt, The Central Bank will issue today a tender for one-year US-dollar denominated Treasury bills worth USD 980m, due on 02/08/2022;
- Performance across the covered African markets was mixed, led by The Ghana Stock Exchange (+1.16%), whereas the Nairobi Securities Exchange decreased by -0.77%.
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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