According to the market analysis report of Bloomfield Investment Corporation, a rating agency
pan-African company specializing in credit risk assessment, based in Abidjan, the Regional Stock Exchange
securities (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. The 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
PALM CI stock posted the largest drop with a fall of 14.53%. In the commodity market,
the prices of gold (+6.87%), silver (+5.37%) and natural gas (+1.82%) ended the week in
rise contrary to other speculations that we follow.
The BOA Niger share ends the March 6 session with a value of 3,500 CFA francs, an increase of 3.4%
compared to the start of the year
BOA Niger's net banking income stands at CFAF 11,138.17 million at the end of the first half
2019 against 10,477.06 million FCFA in the same period of the previous year, an increase of 6.3%
which, according to the bank, is justified by the 14.12% increase in the banking margin. The net result of
the establishment also increased over the period, from 4,338.20 million FCFA on June 30, 2018
to 4,530.44 million FCFA a 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 a price of 3,385 FCFA and ends the session of March 6 with a value of 3,500F
CFA, an increase of 3.4% compared to the start of the year. The future evolution of the BOA share price
Niger in the short term will be highly dependent on the performance posted by the bank at the end of
the year 2019, notes the chief economist of Bloomfield Investment.