According to the stock market analysis report of the Pan-African Rating Agency based in Abidjan Bloomfield Investment, the Regional Stock Exchange (Brvm) ended the week of March 18 to 22 up, posting 173.38 points for the BRVM 10 index (+2.59%) and 177.81 points for the BRVM Composite index (+2.21%).

The market capitalization of the equity market stands at 5,003 billion CFA francs. Transactions in equity market value amounted to 2.2 billion CFA francs at the end of the week, driven mainly by the "Public Services" (69%) and "Finances" (22%) sectors.

The NEI CEDA CI share recorded the largest increase in the market with a gain of 39.39%, while the AIR LIQUIDE CI share posted the largest drop with a drop of 8.16%.

On the commodities market, rubber and palm oil prices ended the week up (respectively +3.81%% and +3.36%); while cocoa prices are under pressure (-2.22% in New York and -3.06% in London).

At the end of the 2018 financial year, an increase in the performance of the Nigerien subsidiary of the Bank Of Africa group was observed. The Net Banking Product (BNP) stood at 20,630 million FCFA, up 8% thanks to a significant increase in the interest margin (58%).

GNP would have been greater if the bank had made net gains on investment portfolio transactions. The net result also experienced an increase (+11%), to stand at 7,666 million FCFA.

On the stock market, after a 10.1% decline in the first week of 2019, the BOA Niger share price is following a general upward trend. As of March 22, 2019, it stood at 4,200 FCFA, a gain of 7.7% compared to the start of the year.

This development could particularly reflect investor arbitrage in favor of relatively accessible securities with attractive yields, such as BOA NG in the “Finances” sector of the BRVM.

Moreover, before the publication of its 2018 annual results, the bank already showed interesting prospects, as suggested by its 3rd quarter results, published in December 2018.

The General Meeting to be held on April 05, 2019 should ratify the distribution of a net dividend per share of 385.95 FCFA for the 2018 financial year, an increase of 1.7% compared to the previous financial year. . The attractiveness of the title should roughly strengthen, at least until the effective distribution of dividends.