African Markets Review 03 24 21
- In Morocco, BANK AL-MAGHRIB maintained its policy rate unchanged at 1.5%;
- In Tunisia, prices of some varieties of vegetables and fruits are expected to rise during the upcoming month of Ramadan, according to officials at the MINISTRY OF COMMERCE AND EXPORT SUPPORT;
- In Egypt, the Ordinary General Assembly of VODAFONE EGYPT decided to distribute profits worth EGP 2bn, which it earned over fiscal year 2019/20;
- The strongest daily performance was recorded by the Tunis Stock Exchange (+1.12%) while the BRVM Stock Exchange closed on a negative note (-0.90%).
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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