African Markets Review 08 27 2020
- In Morocco, TAQA MOROCCO published its H1 2020 activity indicators highlighting a consolidated turnover down -11% to MAD 4,016m, mainly reflecting the decrease in reinvoicing of the cost of coal;
- In Tunisia, The SFBT announces half-yearly net profit of TND 116m, against TND 116.4m a year earlier;
- In Egypt, a trial run of a digital platform was launched, providing a range of electronic government services in August;
- Among the covered African markets, The BRVM Stock Exchange recorded the best daily performance (+1.13%) 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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