African Markets Review 08 25 2020
- In Morocco, HPS Publishes its quarterly activity indicators highlighting:
- A cumulative consolidated turnover at the end of June up slightly by 1.3% to MAD 354m compared to H1 2019;
- And, a debt that is reduced by 31.6% to MAD 64m. - In Tunisia, Tunis RE improves its half-yearly net profit by 70% to more than TND 10m;
- In Egypt, US dollar continues depreciation trend recording EGP 15.84, according to the Central Bank of Egypt;
- Among the covered African markets, The Nairobi Stock Exchange recorded the best daily performance (+0.58%) while the Egyptian Exchange posted the worst variation (-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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