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UEMOA - The stock market ends in the green last week

10/11/2020
Source : AllAfrica
Categories: Index/Markets

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"Despite having recorded three sessions of decline after opening the week higher with a gain of 1.28% above 129 points, the market manages to finish in the green at 128.33 points, a slight increase of 0.12% in weekly variation," informs Impaxis.

In addition, adds the same source, the Brvm 10 index recorded a loss of 0.80% to 116.31 points due to the respective underperformance of the values Total CI (TTLC;-8.33% to 1100XOF), Ecobank CI (ECOC;-5.88% to 3200 XOF), Onatel BF (Ontbf; -5.17% to 2845 XOF), Cfao CI (CFAC;-2.86% to 340 XOF), Vivo Energy CI (SHEC;-1.64% to 600 XOF).

According to Impaxis, sector performance indicators show five sectors up versus two down.

In the territory of individual performances, Nestlé CI (NTLC) took first place with a gain of 28.30% to 340 XOF.

This rebound in the stock comes after the publication, on Friday, October 30, of the activity report for the third quarter which shows a net profit up 218% to 14.610 billion XOF.

"The Ivorian publisher Neiceda (Neic), which posted a net profit of -401.453 million XOF in the first half of 2020 against -572 million XOF in the first half of 2019, is positioned at the top of the flop of the week with a loss of 16.13% to 130 XOF," reveals Impaxis.

The week's stock market activity was marked by a significant volume of 1677322 securities traded for a value of XOF 4290,231,731. The market capitalization stands at XOF 3,855,934,707,411.

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