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Stock market: more than 6.800 billion FCFA worth of transactions recorded on Thursday

08/09/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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The Regional Stock Exchange (BRVM) announced at the end of the trading session of Thursday, September 7, 2023, that it had recorded transactions of more than 6.800 billion FCFA.

The stock market capitalization of the equity market reached CFAF 7,907.415 billion compared to CFAF 7865.848 billion the day before, an increase of 41.567 billion. That of the bond market is still falling, standing at 10,089.658 billion FCFA against 10,092.837 billion FCFA on Wednesday, September 6, 2023 (-3.179 billion

).

The value of the transactions was in fact 6.815 billion FCFA compared to 1.326 billion FCFA on Wednesday, September 6, 2023. At the origin of these strong transactions, there is a traded value of 5.954 billion FCFA on the bond market. These include the purchase of 389,329 TPBF (Public Treasury of Burkina Faso) 6.50% 2017-2024 bonds for a total value of 3.873 billion FCFA and that of 167,059 TPCI (Public Treasury of Côte d'Ivoire) 5.80% 2020-2027 bonds for a total value of

1.607 billion FCFA.

This increase is consecutive to that of the indices, particularly the BRVM Composite Index (the general stock market index). In fact, it showed an increase of 0.43% to 212.55 points compared to 211.43 points previously. The largest increase was achieved by the BRVM Prestige index (index grouping all the values listed on the Prestige compartment) with 0.73% to 104.86 points compared to 104.03 points the day before. And the BRVM 30 index (index of the 30 most traded stocks on the market) gained 0.46% to 106.72 points against 106.12 points

the day before.
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