“After having opened the week down (-0.61% to 125.57 points), the market made a slight rebound (+0.55% to 126.25 points) which however remained blocked by the downward slant, starting thereafter a decline to end on the evening of Friday 02/10 below 125 points, i.e. at 124.12 points, losing -0.89%.

In weekly variation, the market therefore lost 1.76% when the flagship index dropped 1.69% to 115.42 points”, informs Impaxis.

She explains that this poor performance is confirmed by significant volumes (384,151 securities traded for a total value of 1,066,518,051.00 XOF) with five sectors down out of the seven in the market.

The Brvm-Distribution comes first in this sector-based counter performance (-5.63% to 187.57 points) driven by the value Total Côte d'Ivoire (- 14.50% to 1,150 XOF) which has continued to decline. back-to-back declines after posting a 12.5% performance the previous week.

On the other hand, carried by the title Bolloré CI (SDSC; +6.33% at 1260XOF) the transport sector recovered (+6.14%) after its poor performance last week.

In addition, the news of the week was marked by the revision of the Brvm 10 (the values BOAB, BOABF and CIEC give way to CBIBF, CFAC and TTLC) as well as the publication of the half-yearly management accounts of BOA Mali, BOA Benin and Societe General Côte d'Ivoire.

“Despite the marked presence of the Covid-19 pandemic over the period, particularly in the second quarter, the companies posted good commercial performances which are reflected in half-year net results up 1.6% respectively for BOA Benin, 134 % for BOA Mali and 1.4% for Société Générale Côte d'Ivoire.

The week closed with a market capitalization of 3,729,421,999,306 XOF,” Impaxis reveals.