African Markets Review 12 23 2020
- In Morocco, the Consumer Price Index recorded a decrease of -0.7% m-o-m and an increase of +0.2% y-o-y;
- In Tunisia, ONAS launched an international call for tenders to develop a global communication strategy;
- In Egypt, the EGYPTIAN COMMERCIAL SERVICE (ECS) and BANQUE MISR signed a cooperation protocol to launch finance programs for supporting Egyptian exports to global markets in general, and Africa in particular;
- As the covered markets showed mitigated performances on Tuesday, the Casablanca Stock Exchange recorded the best daily performance which demonstrated a technical adjustment (+1.56%), while the Tunis Stock Exchange posted the lowest one (-0.35%).
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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