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African Markets Review 01 24 2020

  • In Morocco, ADDOHA closed the increase in share capital by cash contribution and by offsetting liquid payable receivables of MAD 799,941,360;
    • In Tunisia, the real estate company, ESSOUKNA, improves its turnover by 53% in 2019, from TND 10.5m in 2018 to TND 16.1m in 2019;
    • In Egypt, the company CONSTRUCTION PRODUCTS HOLDING CO plans to complete the second phase of its SMEs industrial zone on October 6th with the construction of 28 industrial units, according to its CEO;
    • All the covered African markets closed the previous session on a positive note, with, Ghana Stock Exchange recording the highest daily performance (+1.93%), whereas Casablanca Stock Exchange pointed the lowest one (-0.44%).
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BMCE Capital Research
BMCE Capital Research

BMCE Capital 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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