Saturday , January 23 2021

Brvm: At the end of the week, the transactions in the stock market are 3 billion CFA francs, which are mainly run by "public services" fields.

According to the stock market analysis report of Bloomfield Investments, the regional stock exchange (BRVM) posted 158.76 points for the BRVM 10 index (15-17), ending December 31, 2018 to January 4, 2019. , 65%) and BRVM Composite Index (-1.51%) for 174.45 points.

Market capitalization of the stock market is 4,907 billion CFA francs. Stock exchange value transactions are at CFB 3 billion at the end of the week, primarily driven by "public services" (64%) and "finance" sectors (32%). With the addition of 8.89% increase in the title of Bernabe CI, the market has been the biggest increase, while BAA Mallie has cut the title by 10.65%. In the commodities market, crude oil, palm oil and rubber prices have improved, which has reached 7.07%, 5.32% and 4.09% for the week.

At the end of September 2018, Evrovian publisher NEI CDA gained a turnover of 6,493 million CFA francs, which was 34% higher than the same period in 2017. The net result was 843 million FCFA, an increase of 82% compared to the third quarter of 2017. The company supports this activity by spreading the activity and good performance of the markets along with the state. In the fourth quarter, generally, there should be a period of high activity due to the beginning of the school year, the company should review the annual results of 2018 compared to the financial year 2017 and is definitely the best in the last ten years. In fact, the Chief Economist of Bloomfield Investment says that the company had earned a net profit of 6,009 million FCFA in 2017 and a net profit of 506 million FCFA.

In the stock market, the stock was anticipated in 2018, contributed to strengthen its value. Title ends in 2018 with a capital growth of 359%. Ensuring annual results for 2018 and potential dividend distribution will fuel the high valuation of stock in the medium term.
Amadeu Idrisa Dia

Source: lejecom

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