African Markets Review 08 26 2020
- In Morocco, The PORT TRAFFIC increased by 6.3% to 54.7 MT in the overall volume handled at the end of July 2020;
- In Tunisia, Industrial production fell 18% in the second quarter of 2020, according to the National Institute of Statistics (INS);
- In Egypt, EGYPTALUM Company expects EGP 993.7m net losses in Fiscal Year 2020 due to higher production costs;
- Contrasted evolutions yesterday on the African markets with at the extremes Nairobi Securities Exchange recorded the best daily performance (+1.03%) 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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