The Regional Stock Exchange ( BRVM ) lost 471 billion FCFA ($788.7 million) on the
30-day period ending April 13, 2020, can market data be seen. Of the 45
companies listed on this market and whose stock market performance is monitored by the Ecofin Agency, 36 saw the value
of their shares decline over the period.
The top 4 losers for the period include Palm CI (-33.3%), Servair (-31%), Bolloré Transport & Logistics
(-26.1%) and Grand-Béreby Rubber Company (-20.3%).
Servair, whose main business is aviation catering and catering for large
events is viewed negatively by investors who expect its 2020 performance
are not very positive. This same factor seems to weigh on the local subsidiary of the Bolloré group.
A few companies have managed to see the value of their shares rise. Unsurprisingly, Air Liquide Côte
d'Ivoire achieved the largest increase of the period with a share price up 19.23%.
The company is involved in the production of industrial oxygen. The importance of this product was revealed with
the covid-19 pandemic, due to its use in the treatment protocol for people
seriously affected by this disease.

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