African Markets Review 04 15 2021
- In Morocco, the FISHERIES sector recorded a slight decline of -1% to 246,409 tons of landings at the end of March 2021 (+21% to MAD 2,536.6m in value);
- In Tunisia ATB has achieved a net profit of TND 8.2m in 2020, against 6.3m in 2019, a growth of 30%;
- In Egypt, The Central Bank (CBE) announced that the total financial position of banks operating in the Egyptian market rose to EGP 7.158tn in January 2021.
- A good daily performance of +0.84% was recorded by the BRVM Stock Exchange yesterday, whereas the Tunis Stock Exchange plunged into the red (-0.26%).
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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