Report

African Markets Review 04 16 21

- In Morocco, LESIEUR CRISTAL’s AGM is scheduled for May 18,2021 in order to rule on the allocation of the profits of the financial year 2020 to the optional reserves account; - In Tunisia, Fitch Ratings has affirmed WIFAK INTERNATIONAL BANK’s long-term national rating at ‘BB-‘ with a negative outlook, and short-term national rating at ‘B’;

- The Central Bank of Egypt, is set to issue EGP 17.5bn in T-bills. The T-bills will be offered in two installments;
- Five markets have shown positive performances at the end of the session, with the Nairobi Securities Exchange topping the list with an increase of +1.82%, whereas the Tunis Stock Exchange recorded the worst performance (-0.30%).

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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