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Stock market: The BRVM saw a slight increase of 0.06 points

31/03/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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La Revue Hebdomadaire, une publication spécialisée de la Société de gestion et d' intermédiation (SGI) CGF Bourse basée à Dakar announced that at the end of the week of 20 to 24 March 2023, the average market return:BRVM de la Bourse Régionale des Valeurs Mobilières ( style="font-family: "Bookman Old Style”, "serif">) saw a slight increase of 0.06 points from percentage.

The yield increased from 7.44% on March 20, 2023 to 7.50% on March 24 according to the Weekly Review. On the other hand, the Price Earning Ratio (PER) is falling. It went from 7.98 on March 20 to 7.88 on March 24. The overall market capitalization of the BRVM fell by 0.56% to 17 666 billion FCFA. The largest weekly increase was achieved by BOA Mali with +7.47% according to CGF Bourse. The Top 3 of the largest weekly price increases compiled by CGF Bourse is logically occupied by BOA Mali (+7.47% to 1,295 FCFA), followed by Tractafric Motors Côte d'Ivoire (+6.90% to 3,100 FCFA) and Total Côte d&# 39; Ivory (+3.95% to 2,235 FCFA). And the top 3 of the largest weekly price declines were occupied by SETAO Côte d'Ivoire (-7.89% to 1,050 FCFA), SICOR Côte d'Ivoire (-7.69% to 5,945 FCFA) and Sicable (-5.58% to 1,015 FCFA).

During the week, the biggest weekly fall in price was due to the stock SETAO Côte d'Ivoire with -7.89%. The SETAO company paid a net dividend per share of 66.15 FCFA for the 2021 financial year. The weekly value traded was 718 million FCFA compared to 212 million FCFA the previous week, an increase of 238.67% at the end of this week.

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