African Markets Review 12 24 2020
- In Morocco, downward crossing of the participation threshold of 20% in the capital of S2M by CHADA HOLDING following the sale of 17,500 shares at the MAD 160 per share price;
- In Tunisia, Mounir Ben Miled joined the Board of Directors of SFBT as Independent Director;
- In Egypt, the NATIONAL BANK OF EGYPT (NBE) is leading an alliance of banks working in the Egyptian market to arrange an increase in financing for Oilex.
- During yesterday’s sessions, most of the covered markets demonstrated positive performance with the Nigeria Stock Exchange posting the highest one (+2.4%) and the BRVM Stock Exchange showing the worst one (-1.21%).
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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