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BRVM: Ecobank shows more profitable returns on the Lagos Stock Exchange

06/09/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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EcoBank, listed in Lagos and Abidjan, posted a return of + 47.3% in Lagos over the previous 12 months and - 5.2% at the BRVM in 2023.

Les investisseurs ont opté pour l' action du groupe EcoBank Transnational Incorporated at the Lagos Stock Exchange in Nigeria. They obtained a different return than the Abidjan Regional Securities Exchange, where the company is also listed. In Lagos, the capital gain was 47.3% over the last 12 months, including a gain of 17.7% over the last seven days, while on the BRVM, the Ecobank group's share produced a gain of 5.6% in 2022, followed by a drop of 5.2% since the beginning of 2023. Investors also note that the average annual growth in the group's profits is 13.8%, lower than the average of 16.4% for the banking sector in

Nigeria.
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