“With four sectors down and two stable, the market unsurprisingly ends in the red.

Thus, on a weekly basis, the Brvm Composite index lost 0.93% to 122 points when the Brvm 10 index recorded a loss of 1.06% to 114.01 points,” reads the document.

Bernabe CI (Bnbc; +8.70% to 625 XOF) recorded the best performance followed by Nsia Banque CI (NSBC; +7.62% to 3,390 XOF).

On the other hand, Unilever CI (Uncl; -12.28% at 4500 XOF) is positioned at the top of the weekly underperformance with a low volume of shares traded.

According to the same source, the market capitalization stands at 3,692,069,410,481 XOF. The volume of transactions amounted to 330,258 shares traded for a total value of 1,099,945,414.00 XOF.

Although the half-yearly results of the companies published so far are satisfactory, investors are nevertheless paying close attention to the evolution of the political situation in Côte d'Ivoire.

“Indeed, this week the Ivorian opposition continues to express its disagreement with the candidacy of the outgoing President, by officially calling for civil disobedience.

These factors creating a certain uncertainty are fueling the fears of investors who are exiting their positions in favor of less risky investments that will ensure the protection of their capital.