African Markets Review 11 16 2020
- In Morocco, TAQA MOROCCO published its financial indicators as of Q3 2020 showing an decrease of the consolidated revenues by -13% to MAD 6,019m;
- In Tunisia, PEUGEOT showed a 11.5% market share as of end of October;
- In Egypt, OBOUR LAND reported a 6% top-line growth in 9M 2020;
- The Nigerian Stock Exchange recorded the wort performance (-0.86%) following investors’ buying pressures in response to macroeconomic policy changes while the Casablanca Stock Exchange showed the highest performance (+0.52%).
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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