Report

African Markets Review 03 17 21

  • In Morocco, AGMA published a +4.3% increase in RNPG to MAD 50.2m at the end of 2020 compared with the previous year, and announced the decision to distribute a DPS of MAD 235 for 2020 against MAD 225 in 2019;
  • In Tunisia, the SOCIETE TUNISIENNE D'ASSURANCE ET DE REASSURANCE (STAR) proposes the distribution of a dividend of TND 2,840 per share;
  • In Egypt, the Real Estate Developer, JD HOLDING, aims to increase its investments in the New Administrative Capital to EGP 12bn in 2021, according to the company’s Chairperson;
  • Five markets have shown positive performances at the end of the session, with the Casablanca Stock Exchange topping the list with an increase of +0.61%, whereas the Tunis Stock Exchange posted the worst one (-0.56%).
Provider
BMCE Capital Global Research
BMCE Capital Global Research

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.

Analysts
Ghita BENIDER

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