African Markets Review 09 08 2020
- In Morocco, AFRIQUIA GAZ publishes a press release relating to H1 2020 results, highlighting a consolidated EBIT down -86% in y-o-y to MAD 65.3m;
- In Tunisia, AIR LIQUIDE improves its half-yearly profits by 57% to TND 10m against TND 6.4m a year earlier;
- In Egypt, The Central Bank of Egypt announced, that its net international reserves increased by about USD 51m during August 2020 to reach USD 38.366bn, compared to USD 38.315bn in July 2020;
- Among the covered African markets, Casablanca Stock Exchange recorded the best daily performance (+0.40%) while the Nairobi Securities Exchange posted the worst variation (-1.21%).
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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