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African Markets Review 09 18 2020

  • TAQA MOROCCO publishes its half-yearly accounts on 06/30/2020, showing a turnover down by -11% to MAD 4,016m;
  • In Tunisia, BH Assurance improves its half-yearly net profit by +7.3% to more than TND 3m;
  • EGYPTIAN BANKS COMPANY FOR TECHNOLOGICAL ADVANCEMENT signed a cooperation protocol with the NATIONAL BANK OF KUWAIT on Wednesday, to issue “Meeza” prepaid card;
  • BRVM Stock Exchange revived the growth by recording the best daily performance (+0.32%) while Nairobi Securities Exchange plunged into the negative (-0.6%).
Provider
BMCE Capital Global Research
BMCE Capital Global Research

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.

Analysts
Hicham SAÂDANI

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