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BRVM equity market: Bolloré Côte d'Ivoire records a rise of 7.25%

27/03/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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The Weekly Review, a specialized publication of the Management and Intermediation Company (SGI) CGF Bourse based in Dakar, announced that the share price of Bolloré Côte d'Ivoire increased by 7.25% in the stock market of the Regional Securities Exchange (BRVM ).

CGF Bourse announced in its publication that Bolloré Côte d'Ivoire “is on an upward trend driven by buoyant purchases (17,150 shares traded this week compared with 6,475 shares traded the previous week).” Indeed, according to SGI, the stock did better than the Prestige Index with a performance of 6.47% over one year, in a context of a slowdown in the arrival of beans in Ivorian ports.

In fact, Bolloré Côte d'Ivoire has inaugurated its 3rd cocoa packing station in San Pedro. The top 3 of CGF Bourse with the largest weekly price increases are occupied by Bolloré Côte d'Ivoire (+7.25% to 1,480 FCFA), Servair Abidjan Ivory Coast (+5.77% to 1,375 FCFA) and Bernabé Côte d'Ivoire (+4.62% to 2,040 FCFA). While the Flop 3 of the largest price declines were occupied by Sicable Côte d'Ivoire (-15.48% to 1,010 FCFA), BOA Mali (-9.77% to 1,200 FCFA) and Compagnie Ivoirienne d'Électrienne (-7.36% to 2,140 FCFA).

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