African Markets Review 11 26 2020
- In Morocco, CIH BANK publishes its results at the end of September 2020 showing a +13.2% increase in consolidated NBI to MAD 2.1bn;
- In Tunisia, EURO-CYCLES announced that its cumulative turnover reached for the first time in the history of the company TND 103.1m;
- In Egypt, EASTERN COMPANY will pump EGP 1bn – EGP 1.25bn in investments during fiscal year 2020/21;
- A remarkable daily performance was posted by the Nigerian Stock Exchange (+1.25%) while Ghana Stock Exchange recorded the weakest one (-0.16%).
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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