African Markets Review 11 02 2020
- In Morocco, the Industrial, Energy and Mining Production index excluding petroleum refining sector has fallen of -0.1% in September 2020 compared to the previous month;
- In Tunisia, the AMS Company achieved an overall turnover of TND 2.6m, against TND 14.1m for the same period a year before;
- In Egypt, the Housing and Development Bank has joined a banking alliance to provide EGP 650m syndicated loan to finance the establishment of a pharmaceutical factory in Borg El-Arab city;
- The Nigerian Stock Exchange recorded the best daily performance (+3.71%) among the covered markets, while Tunis Stock Exchange posted the worst one (-0.82%).
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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