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Côte d'Ivoire: President Ouattara's road projects in 2021 appeal to SBM stock market investors

14/01/2021
Source : ALL Africa
Categories: Index/Markets

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The regional stock exchange's equity compartment ended this first week of the year with its two main indices trending sharply downwards. According to Impaxis Securities, which provides the information in its weekly review of the stock market for the week of January 4 to 8, the BRVM Composite and BRVM 10 indexes registered decreases of 6.16% and 7.68% respectively

on a weekly basis.

Impaxis Securities indicates that of the 46 stocks traded this month, 28 closed the first week lower and 10 higher. Also, the Management and Intermediation Company (Sgi) notes that eight stocks maintained a price level identical to that of December 31, 2020. Before pointing out that the activity indicators show a volume of 1,937,241.00 securities traded for a total value of 2,384,887,892.00 XOF

.

In addition, the Sgi notes that the BICI CI (BICC) value accounts for 75.10% of the value of transactions for a volume of 289,805 securities traded. Except for the BRVM-other sectors index (+7.14%) to 345.49 points), the six other indices recorded declines, including the BRVM-FINANCE, which recorded the largest weekly sectoral decrease with a discount of 7.12%.

Nestlé CI (NTLC) recorded the best performance of the week, up 17.19%, says Impaxis. Which adds in the same wake as the titles SAFCA CI (SAFC), SETAO CI (STAC), BERNABE CI (BNBC) and UNIWAX CI (UNCC) complete the podium with respective gains of 14.29%; 7.14%; 5.00%

and 4.50%.

“The largest decrease came from NSIA BANQUE CI (NSBC), which lost -19.83% of its value and thus ended the week at 4,810 FCFA against a 6,000 FCFA rate on December 31, 2020,” notes the Sgi. Finally, who reports that when the market closed on Friday, January 8, the market capitalization stood at 4,098 442

309 236 XOF.

AllAfrica, Inc.

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