African Markets Review 02 19 2021
- In Morocco, MAROC TELECOM consolidated shares increased slightly (+0.7%) to reach MAD 36.8 Md;
- In Tunisia, tourism receipts, calculated up to 10 February 2021, have fallen by -56.8% compared to the same period last year;
- In Egypt, MAVEN DEVELOPMENTS and AXA GENERAL INSURANCE, one of the world’s largest insurance companies, have signed a partnership agreement to provide insurance services to unit owners at BAYMOUNT SOKHNA developments;
- Five markets have shown positive performances at the end of the session, with the Mauritius Stock Exchange topping the list with an increase of +0.71%, whereas the Nigeria Stock Exchange recorded the worst performance (-0.63%).
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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