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UEMOA - The stock market finished in the green last week

10/11/2020
Source : AllAfrica
Categories: Index/Markets

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“Although it recorded three trading sessions after opening the week with a gain of 1.28% above 129 points, the market managed to finish in the green at 128.33 points, representing a slight increase of 0.12% on a weekly basis”, reports Impaxis.

Moreover, adds the same source, the Brvm 10 index recorded a loss of 0.80% to 116.31 points due to the respective poor performances of the Total CI values (TTLC; -8.33% at 1100XOF), Ecobank CI (ECOC; -5.88% at 3200 XOF), Onatel BF (Ontbf; -5.17% at 2845 XOF), CFAO CI (CFAC; -2.86% at 340 XOF), CFAO CI (CFAC; -2.86% at 340 XOF),), Vivo Energy CI (SHEC; -1.64% to 600 XOF).

According to Impaxis, sectoral performance indicators show five sectors up against two down.

In the area of individual performances, Nestlé CI (NTLC) took first place with a gain of 28.30% at 340 XOF.

This rebound in the stock comes after the publication, on Friday, October 30, of the third-quarter activity report, which showed a net profit up 218% to 14.610 billion XOF.

“The Ivorian publisher Neiceda (Neic), which posted a net profit of -401.453 million XOF in the first half of 2020 compared to -572 million XOF in the first half of 2019, was at the top of the week's flop with a 16.13% loss at 130 XOF”, reveals Impaxis.

The week's stock market activity was marked by a significant volume of 1677322 securities traded with a value of 4,290,231,731 XOF. The market capitalization is 3,855,934,707,411 XOF

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