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Regional stock market: Setao posts the best performance of the week from January 14 to 22

24/01/2022
Categories: Index/Markets

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The Bouygues subsidiary, the Setao company, saw its value posted the best performance during the week of January 14 to 22, 2022. This is also its best monthly performance since June 2021.

The value of the company Setao, which specializes in consultancy and engineering in Buildings and Public Works, achieved the best performance of companies listed on the Abidjan Stock Exchange (BRVM). Its progression is estimated at 21.8% between January 14 and 22. In 2021, this company, which is 79.17% owned by the French Bouygues, distributed a dividend for the first time in 5 years. Investors expect this to repeat itself this year, given the announcement of a net profit of 1.15 billion FCFA over the first 9 months of 2021, up 13%.

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