BKGR African Markets Review 07 07 2021
- In Morocco, ADDOHA published its H1 2021 financial indicators showing pre-sales up +34% to 4,797 units and revenues up 54% y-o-y to MAD 676m;
- In Tunisia, an agreement was signed for the purchase of 3.5 million doses of the Johnson & Johnson vaccine;
- in Egypt, CITY EDGE DEVELOPMENTS has signed a cooperation protocol with CREDIT AGRICOLE BANK as part of the mortgage finance initiative launched by the Central Bank of Egypt (CBE);
- Overall mixed performances were recorded across the covered African markets with the Mauritius Stock Exchange closing the session on the highest daily performance (+0.73%) while the Casablanca Stock Exchange ended the day in the red (-0,81%).
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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