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African Markets Review 10 23 2020

  • In Morocco, The BCP GROUP is reportedly studying opportunities to set up in Tunisia;
  • In Tunisia, ENNAKL AUTOMOBILES dealership improves revenues by +27% in the third quarter compared to the same quarter of 2019, going from TND 91.5m to TND 116.2m;
  • In Egypt, The Governor of the CBE inspected the construction works and equipment for the new printing press building and cash center, which are being built at the New Administrative Capital (NAC);
  • The Nairobi Securities Exchange recorded the best daily performance (+0.67%) among the covered markets, while The Stock Exchange of Mauritius posted the worst one (-0.12%).
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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