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WAEMU stock market: BRVM indicators down for the week of February 8, 2021

17/02/2021
Categories: Economy/Forex

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The stock market of the Regional Stock Exchange (Brvm) showed a slowdown in its trajectory last week.

The Weekly Market Review for the week of February 8 to 12, 2021 of Impaxis Securities, a management and intermediation company based in Dakar indicates that over the five sessions, the market recorded slight contractions and ends its weekly run this Friday, February 12, 2021 at 133.07 points, down 0.38% compared to the previous session, far from its lowest of the year.
The Brvm Composite recorded a decline of 2.26% while the Brvm-10 posted a decline of 1.05%. sellers have slowed down this week with profit taking on certain stocks, such as Nestlé Côte d'Ivoire which has one of the best performances in the market since the beginning of the year with an opening price of 340 FCFA.
The Weekly Review points out that at the end of this sixth week of trading, the equity sub-fund recorded 603278 securities traded for a value of 847462155 FCFA. The market capitalization stands at 4,004,579,050,046 FCFA.

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