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African Markets Review 10 27 2020

  • In Morocco, ARADEI CAPITAL finalizes its investment program in the Souss-Massa region for a total amount of MAD 500m;
  • In Tunisia, ARAB TUNISIAN BANK improves its NBI by +8% at the end of September to TND 195m against TND 180m a year earlier;
  • In Egypt, the cement industry reported total sales of 3.8 million tons ;
  • The Nigerian Stock Exchange recorded the best daily performance (+0.28%) among the covered markets, while the BRVM Stock Exchange posted the worst one (-1.32%).
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
Younes Mouchtari

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