Research & Analysis

Find the evolutions of activity index in casablanca MASI, MADEX, CAPI as well as the main daily performances of april 28th, 2021.

EGYPT : ISSUANCES ARE MULTIPLYING ... WITHOUT LOSING THEIR ATTRACTIVENESS Egypt has just successfully issued its first Eurobond in 2021. Used to this channel for its debt raising, Egypt has achieved its 13th Eurobond issuance since 2010.

This week, the European currency continued its bullish rally supported by the visible improvement in the health situation within the Eurozone.

During this week, the dollar traded downward against its main counterparts. To this end, the EUR/USD parity appreciated by + 1.19%, going from 1.176 to 1.190.

The financial results of listed companies in 2020 stand out without major surprises for investors. As proof, the low levels of liquidity and volatility which marked the period of the annual release.

The dollar supported by the US infrastructure plan The European currency remains under pressure and continues to decline against the dollar this week by -0.29%, going from 1.179 to 1.176.  

The EUR/USD parity reaches a 4-month low The EUR/USD parity fell below 1.18 this week for the first time since November 2020, down -0.93%.

For the FY 2020, Auto Hall’s revenue stands at MAD 3,948 Mn, down -10.8% against an AGR estimate of -21.5%. At the origin of this outperformance, the good momentum of the DFSK and OPEL brands, whose sales increased by 66% and 44% respectively in 2020.

In 2020, Marsa Maroc recorded a much-awaited drop in its results within a context marked by a significant slowdown in port activity on a global scale.