African Markets Review 09 16 2020
- In Morocco, LAFARGEHOLCIM MAROC publishes its H1 2020 indicators highlighting in particular a Turnover down by -18% in y-o-y to MAD 3,185m;
- In Tunisia, 7.9% Slowdown in the growth rate of income transfers to TND 3.84bn in September 10th;
- In Egypt, MASTER GROUP DEVELOPMENT has launched its City Oval project at the NEW ADMINISTRATIVE CAPITAL, with initial investments worth EGP 6bn;
- Unsatisfactory daily performances for the majority of the covered African Markets, except for the Nairobi Securities Exchange that showed a slight increase of +0.3%.
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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