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Stock market: details about the BRVM

20/08/2020
Source : financialafrik.com
Categories: Index/Markets

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Following the contribution of Mr. Mathieu LAMIEN entitled “The BRVM facing COVID-19” published on August 17, 2020, we provide the following details on the variation of the indices.
The UEMOA Regional Securities Exchange (BRVM) notes that this contribution has a number of errors

:

The decrease in the BRVM Composite Index over the period from March to August 14 is 12.27% and not 17% as indicated; The indices of the Agriculture and Public Services sectors fell by 25.7% and 15.9% respectively and not 32% and 21%;



In addition, the article refers to the “services” sector, the correct name is “Public Services”; The fall recorded by the benchmark indices on May 18, 2020 was due to the detachment of the SONATEL share during the same session and not to the publication of the Notice concerning compliance with the dissemination of financial information by listed companies; The opinion in question was, in addition, eacute; published by the BRVM and not by the “Financial Market Authority (AMF)” as indicated in

the article.
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