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African Markets Review 09 25 2020

  • In Morocco, MANAGEM publishes its press release relating to the indicators at the end of June 2020, posting a turnover up by +10.1% to MAD 2,378m and a NIGS and a NIGS of MAD 98m against MAD -139m on 06/30/2020;
  • In Tunisia, the country’s public debt reaches TND 88.5bn at the end of July;
  • In Egypt, The EASTERN COMPANY has recorded revenues of EGP 14.46bn during financial year 2019/2020;
  • The covered African markets showed mitigated daily performances with Nigeria Stock Exchange revealing the highest one (+0.79%) and Casablanca Stock Exchange displaying the poorest return (-1.06%).
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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