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Equity market: Market capitalization stands at CFAF 3,987 billion

24/02/2021
Source : ORISHAS FINANCE
Categories: Index/Markets

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The market capitalization of the Regional Stock Exchange (Brvm) stands at 3,987 billion CFA francs. Transactions in equity market value are mainly driven by the "Utilities" (72%) and "Finance" (23%) sectors. The stock market analysis report of Bloomfield Investment Corporation, a pan-African rating agency specializing in credit risk assessment, based in Abidjan reveals that the Brvm ended the week of 07 to 15 February 2021 with 114.72 points for the BRVM 10 index (+0.21%) and 132.67 points for the BRVM Composite index (-0.30%). The market capitalization of the equity market stands at CFAF 3,987 billion. Transactions in equity market value amounted to 1,585 million CFA francs at the end of the week, mainly driven by the "Public Services" (72%) and "Finance" (23%) sectors. Crown SIEM CI shares posted the largest decline with a drop of 14.89%. While the SMB CI share made the largest increase in the market with a gain of 8.75%.
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