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BRVM: The market capitalization of the stock market reached 4,455 billion CFA francs at the end of last week

28/04/2021
Categories: Economy/Forex

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The Regional Securities Exchange (Brvm) ended the week of April 19 to 23, 2021 higher according to the Bloomfield Investment Corporation stock market analysis report. It has a market capitalization of 4,455 billion CFA francs

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The pan-African rating agency specializing in credit risk assessment, based in Abidjan, indicates that the BRVM performance indicators ended the week of 19 to 23 April 2021 with records. Bloomfield Investment scores 130.33 points for the BRVM 10 index (+1.50%) and 148.21 points for the BRVM Composite index (+2.70%)

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The market capitalization of the stock market is 4,455 billion CFA francs. Share market value transactions totaled 3,165 million CFA francs at the end of the week, driven mainly by the “Public Services” (60%), “Finance” (25%) and “Industry” (12%) sectors

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The agency also indicates that the SMB CI stock achieved the largest increase in the market with a gain of 42.90%, while the SETAO CI stock posted the largest drop with a fall of 6.67%. On the commodity market, natural gas and rubber prices ended the week up, by 1.30% and 0.90% respectively

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