- In Morocco, economic growth of +4.5% and +4.2% is expected this year by the IMF and the WORLD BANK respectively;
- In Tunisia, the UNION BANCAIRE POUR LE COMMERCE ET L’INDUSTRIE recorded a net profit 2020 of about TND 42,1 m, down by -26,7% compared to the previous year;
- Banks in Egypt see EGP 50.921bn increase in net foreign assets in February 2021;
- Negative performances were recorded by the majority of the covered markets on yesterday’s session, except for the Tunis Stock Exchange (+0.48%) and the Casablanca Stock Exchanged (+0.04) that ended the day on a positive note.
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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