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African Markets Review 08 24 2020

  • In Morocco, LYDEC issued a bond of MAD 500m by private placement with a maturity of 5 years;
  • In Tunisia, the volume of exports dropped by 18% during the first seven months of the year;
  • In Egypt, The EGX expected to breach 11,600 barrier supported by regained investor confidence;
  • Among the covered African markets, Nairobi Securities Exchange recorded the best daily performance (+0.95%) while the Egyptian Exchange posted the worst variation (-2.98%).
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
Hicham SAÂDANI

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