FINANCIAL MARKET HEADLINES
| WAEMU | BRVM | Launch of new indices
The Regional Stock Exchange (BRVM) announces the launch of three new market indices. This is the BRVM 30, including the thirty most traded stocks in a quarter, instead of the BRVM 10, the BRVM Prestige, including all the stocks in the Prestige compartment and the BRVM Composite, constituted of all listed companies.
ECONOMIC HEADLINES
| MOROCCO | SURVEY | Production capacity utilization rate up to 75% in November 2022
The results of Bank Al-Maghrib's monthly business survey show a rise in production and sales in November 2022, compared to the previous month. In this context, the production capacity utilization rate stands at 75% against 74% in October 2022. Likewise, orders would have increased during the same period while orders books remain lower than their normative level.
| TUNISIA | KEY RATE | The Central Bank of Tunisia raises its key rate by 75 BPS
The Board of Directors of Tunisia’s Central Bank, held on December 30th 2022, decided to raise the key rate by 75 BPS from 7.25% previously to 8.00%.
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