African Markets Review 07 17 2020
- In Morocco, the insurance collection rate did not exceed 35% in May;
- In Tunisia, TUNISAIR’s revenues have dropped by TND 400m due to the COVID-19 crisis;
- In Nigeria, the Country’s foreign reserves fell by USD 454.05m from USD 36.57bn on June 1st to USD 36.12bn on July 15th, according to the Central Bank;
- Among covered African markets, the Nigeria Stock Exchange recorded the highest performance (+0.82%) while the Mauritius Stock Exchange posted the lowest (-0.87%).
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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