African Markets Review 06 08 20
- In Morocco, consecration by CDM of a right of debt to the benefit of its shareholders by voting for the distribution of the dividend at its AGM on 27/03/2020;
- In Tunisia, more than TND 470m of foreign currency had been bought by foreign exchange offices by the end of April 2020, according to the business press;
- In Egypt, overall cement demand rose 8% in January and 9% in February 2020 from a year earlier but then fell 3% in March and 8% in April as the coronavirus crisis kicked in, said a second company official, citing government figures;
- The highest daily performance was recorded by the Stock Exchange of Mauritius (+0,73%), while the Egyptian Stock Exchange pointed the lowest 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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