African Markets Review 06 04 2020
The Moroccan Government proposed new tax measures aimed at boosting the construction sector within the framework of the corrective Finance Bill; Tunisian tourism revenues dropped by TND 600m at the end of May; The EGYPTIAN GULF BANK reported a 3% y-o-y rise in its consolidated net profit to EGP 151,4m in Q1 2020; The highest daily performance was recorded by the Nairobi Stock Exchange (+1,26%), while the Egyptian Stock Exchange pointed a negative one (-2,98%).
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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