African Markets Review 10 08 2020
- In Morocco, CENTRALE DANONE publishes a press release on its indicators in H1 2020 showing a consolidated turnover up +2% to MAD 2,281m;
- In Tunisia, SOTUVER announced that its Extraordinary General Assembly decided to increase the company’s share capital by an amount of TND 5,961,725 per incorporation;
- In Egypt, The FINANCIAL REGULATORY AUTHORITY has directed insurers to set up a reserve to mitigate the risks of applying the EGYPTIAN ACCOUNTING STANDARD (EAS) No. 47 for financial instruments to insurance companies;
- The Nairobi Securities Exchange recorded the best daily performance (+0.93%) among the covered markets, while Tunis Stock Exchange posted the worst one (-1.06%).
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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