African Markets Review 03 01 2021
- In Morocco, CREDIT DU MAROC published a press release on indicators at the end of 2020 showing a -0.9% decrease of its consolidated NBI to MAD 2 381.3m;
- In Tunisia, Executive Directors of the Executive Board of the International Monetary Fund (IMF) recommended to the Tunisian authorities, that fiscal policy and reforms be aimed at reducing the deficit;
- In Egypt, MADINET NASR HOUSING & DEVELOPMENT (MNHD) announced, on Sunday, its business results for 2020, revealing that it saw net profit of EGP 1.1bn;
- During the last trading session, the BRVM Stock Exchange maintained a growing pace with the best daily performance (+2.67%), in opposition with the Nigerian Stock Exchange (-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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