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African Markets Review 10 09 2020

  • In Morocco, ARADEI CAPITAL invited its shareholders to the AGE scheduled for 11/09/2020 to rule on the proposed IPO;
  • In Tunisia, EURO-CYCLES saw its turnover increase by +30% for the third quarter compared to that recorded during the same period in 2019;
  • In Egypt, ACT announced the soft opening of its new Smart Village headquarters, which saw investments of EGP 130m;
  • The Dar es Salaam Stock Exchange recorded the best daily performance (+0.29%) among the covered markets, while Nairobi Securities Exchange posted the worst one (-1.00%).
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
Hajar TAHRI

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