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African Markets Review 10 02 2020

  • In Morocco, TANGER MED II publishes its half-yearly accounts posting a turnover of MAD 276.8m against MAD 138.7m one year before;
  • In Tunisia, MAGHREBIA launches the sale of insurance contracts 100% online with electronic signature;
  • In Egypt, QALAA HOLDINGS announced, on Thursday, its consolidated financial results for the second quarter (2Q) of 2020, recording total revenue of EGP 7.4bn;
  • Except for the Tunis Stock Exchange, which shows losses of -2.51%, the outlook is generally mixed for the rest of the African markets.
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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