African Markets Review 12 25 2020
- In Morocco, BMCI obtained AMMC accreditation for the launch of the OPCI "CLEO PIERRE SPIRFA" whose management and structuring should be entrusted to REIM PARTNERS;
- In Tunisia, MONETICS TUNISIA deploys its digital platform for the benefit of three new issuers of restaurant tickets;
- In Egypt, CENTRAL BANK OF EGYPT’s (CBE) Monetary Policy Committee (MPC) decided to keep the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged;
- During yesterday’s sessions, most of the covered markets posted negative performance, while staying on a downtrend. Thus, the Ghana Stock Exchange recorded the best daily performance (+0.89%) among the covered markets, while the Casablanca Stock Exchange posted the worst one (-0.43%).
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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