According to the stock market analysis report of Bloomfield Investment Corporation, a pan-African rating agency
specialized in credit risk assessment, based in Abidjan, the Regional Stock Exchange
(Brvm) ended the week of March 02 to 06, 2020 up posting 136.74 points for the BRVM 10 index
(+0.66%) and 146.46 points for the BRVM Composite index (+0.31%).
The market capitalization of the equity market stands at 4,360 billion CFA francs. Transactions in
market value of the shares stood at 515.836 million CFA francs at the end of the week, brought
mainly by the “Public Services” (51%) and “Finances” (26%) sectors.
The ONATEL BF share made the most significant progress on the market with a gain of 19.96%, while the share
PALM CI shows the biggest drop with a fall of 14.53%. On the commodity market, prices
gold (+6.87%), silver (+5.37%) and natural gas (+1.82%) ended the week up contrary to the
other speculations we are following.
The title BOA Niger ends the session of March 6 with a value of 3,500F CFA, an increase of 3.4% compared to
compared to the start of the year
BOA Niger's net banking income stood at XAF11,138.17 million at the end of the first half of 2019
against 10,477.06 million FCFA in the same period of the previous year, i.e. an increase of 6.3% which
justifies according to the bank by the 14.12% increase in the banking margin. The establishment's net result
also increased over the period, from CFAF 4,338.20 million on June 30, 2018 to CFAF 4,530.44 million.
FCFA one year later, an increase of 4.43%.
On the stock market, the BOA Niger share recorded a loss of 13.21% at the end of 2019.
This drop, which occurred from the second week of May, would be linked to the publication of
the bank's first quarter results which revealed a 9% depreciation of its profits. The title starts
the year 2020 at the price of 3,385 FCFA and ends the session of March 6 with a value of 3,500 FCFA, i.e. a
3.4% increase compared to the start of the year. The future evolution of the BOA Niger share price on the short
term will be highly dependent on the performance posted by the bank at the end of 2019, note
Chief Economist of Bloomfield Investment.