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Stock market: Coris Bank International achieves the best performance in the equity market

15/09/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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The stock Coris Bank International (CBI) Burkina Faso achieved the best performance on the stock market with a price increase of 7.12%, at the end of the trading session of the Regional Stock Exchange (BRVM) on Thursday, September 14, 2023.

At the end of the trading day on September 14, the price of this value rose from 8,500 FCFA the day before to 9,105 FCFA. The share price of CBI Burkina Faso thus recorded an increase of 785 FCFA between Monday, September 11, 2023, when it traded at 8,320 FCFA, and Thursday, September 14, 2023. At the end of the first half of 2023, CBI Burkina Faso achieved a net profit of 33.179 billion FCFA, an increase of 22.4% compared to the first half of

2022.

The Top 5 of the largest price increases are occupied by CBI Burkina Faso (plus 7.19% to 9,105 FCFA), SAPH Côte d'Ivoire (plus 4.47% to 3,390 FCFA), SAFCA Côte d'Ivoire (plus 1.79% to 570 FCFA), SITAB Côte d'Ivoire (plus 1.75% to 6 100 FCFA) and SOGB Côte d'Ivoire (plus 1.63% at 3,730 FCFA). The Flop 5 of the largest price falls is occupied by Tractafric Motors Côte d'Ivoire (minus 7.27% at 3,060 FCFA), Solibra Côte d'Ivoire (minus 5.87% at 85,000 FCFA), Servair Abidjan Côte d'Ivoire (minus 4.63% at 1,235 FCFA), BOA Mali (minus 4.15% at 1,385 FCFA) and CFAO Côte d'Ivoire (minus 3.72% to FCFA) and CFAO Côte d'Ivoire (minus 3.72% to FCFA) 905 FCFA).

Market activities are in a mixed situation. The capitalization of the bond market stood at 10,173.465 billion FCFA against 10,178.288 billion FCFA the day before, representing a decrease of 4.823 billion FCFA and that of the equity market is still up by 26.766 billion, to 8038.458 billion FCFA against 8011.692 billion FCFA on September 13, 2023. The total value of transactions fell from 352.731 million FCFA the day before to 331.258 million FCFA on Thursday, September 14, 2023

.

Also, all the clues are green. The BRVM 30 index (index of the 30 most traded stocks on the market) rose by 0.53% to 108.80 points compared to 108.23 points the day before. The BRVM Composite Index (the general stock market index) thus increased by 0.33% to 216.07 points compared to 215.35 points previously. Similarly, the BRVM Prestige index (index grouping all the values listed on the Prestige compartment) rose by 0.24% to 106.28 points compared to 106.03 points

the day before.
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