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African Markets Review 10 21 2020

  • In Morocco, BCP planned a gradual dilution of BPR's holdings in the Bank, going from 51% currently to 34% in the long term;
  • In Tunisia, the SAH GROUP (LILAS) improved its revenues by +17% at the end of September to more than TND 470m;
  • In Egypt, The Egyptian Junior Business Association has called on the CENTRAL BANK OF EGYPT to accelerate the implementation of Egypt’s digital transformation process in a number of areas;
  • The highest positive daily performance was recorded by the Ghana Stock Exchange (+0.45%) while Nairobi securities Exchange posted the poorest one (-6.54%).
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
Ghita BENIDER

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