African Markets Review 11 30 2020
- In Morocco, BMCI publishes its results at the end of September 2020 showing decrease of -75% in NIGS to MAD 117,3m;
- In Tunisia, AL KARAMA HOLDING finalizes the sale of AVS for TND 3.6m;
- In Egypt, PALM HILLS DEVELOPMENTS has announced the successful closing of its latest securitization bond, backed by a receivables portfolio of EGP 1.5bn;
- The BRVM Stock Exchange recorded the best daily performance (+0.73%) among the covered markets, while Casablanca Stock Exchange posted the worst one (-1.30%).
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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