African Markets Review 10 05 2020
- In Morocco, M2M publishes its H1 2020 results showing a -44.5% drop in consolidated sales to MAD 50.3m;
- In Tunisia, SOTETEL activity saw its half-yearly turnover fall by 43% to TND 13.2m against TND 23m a year earlier;
- In Egypt, FALAK STARTUPs has announced the launch of its newest digital platform, the Falak Startups Virtual Stage, set up with the support of Egypt Ventures and the Ministry of International Cooperation;
- Good overall orientation of the covered African markets yesterday with The Casablanca Stock Exchange recording the best daily performance (+0.73%) while Stock Exchange of Mauritius posted the worst one (-0.90%).
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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