African Markets Review 11 24 2020
- In Morocco, AMMC approves the prospectus relating to ARADEI CAPITAL’s IPO;
- In Tunisia, Fitch Ratings announced that it had lowered the country’s outlook from stable to negative while confirming the long-term foreign currency issuer default rating to “B”;
- In Egypt, HSBC’s Global Economic Outlook virtual roadshow came to Egypt, last week, with 100 of the Bank’s clients attending the online event;
- An upsurge in the performance of the Mauritius Stock Exchange which recorded the best daily variation (+1.08%) among the covered markets, while the Nigerian Stock Exchange posted the worst one (-0.04%).
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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