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African Markets Review 12 03 2020

  • In Morocco, ALLIANCES DARNA publishes its indicators on 09/30/2020 highlighting revenues down by -48.4% to MAD 326m;
  • In Tunisia, UNIVERSAL AUTO DISTRIBUTORS HOLDING aims for a capital increase of at least TND 100m;
  • In Egypt, BANQUE MISR completed the arrangement, financing, and participation in nearly 10 financing operations, worth a total of about EGP 86.3bn, in the first nine months of 2020;
  • The Nairobi Securities Exchange displayed an outstanding daily performance of +1.27% while the Nigerian Stock Exchange closed on a negative note (-0.26%).
Provider
BMCE Capital Global Research
BMCE Capital Global Research

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.

Analysts
Ghita BENIDER

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