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Regional stock market: BRVM indicators end higher

24/03/2021
Categories: Economy/Forex Index/Markets

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The BRVM 10 and BRVM composite indexes finished higher last week. According to the Bloomfield Investment Corporation stock analysis report, the Regional Securities Exchange (Brvm) showed a strong performance

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The pan-African rating agency specializing in credit risk assessment, based in Abidjan, reveals that the BRVM ended the week of March 15 to 19, 2021 on the rise, posting 124.41 points for the BRVM 10 index (+3.43%) and 141.68 points for the BRVM Composite index (+2.42%).

The market capitalization of the equity market is 4,258 billion CFA francs. Equity market value transactions recorded 694 million CFA francs at the end of the week, driven mainly by the “Public Services” (41%), “Finance” (34%) and “Agriculture” (12%) sectors

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Apart from the commodity market, crude oil and rubber prices, which ended the week lower, SAPH CI shares were able to achieve the largest increase on the market with a gain of 20.00%.

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