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African Markets Review 03 18 2020

  • In Morocco, Creation of the COVID-19 management fund, which today has an amount of MAD 14bn, mainly coming from various private sector companies, according to the business press;
  • CENTRAL BANK OF TUNISIA cut the policy rate by 100 bp to 6.75%, according to the business press;
  • Egypt stopped the exports of face masks, anti-infective supplies as well as alcohol and all its derivatives for three months;
  • Nairobi Securities Exchange pointed the highest daily performance (+1.30%) while the Egyptian Stock Exchange recorded the lowest daily performance (-4.60%).
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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.

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