African Markets Review 03 11 2021
- In Morocco, STOKVIS published its 2020 achievements highlighting a NIGS deficit of MAD -27.7m against MAD -37.7m in 2019;
- In Tunisia, the trade deficit narrowed during the first two months of to a level of TND -1894.3m, against TND -2319m, during the same period last year;
- In Egypt, FITCH RATINGS affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B+’ with a stable outlook;
- An outstanding upsurge of +2,59% was recorded by the main index of the Nairobi Securities Exchange during yesterday’s session while the BRVM Stock Exchange dived into the red to -0.54%.
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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