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Stock market: SITAB's stock achieved the best performance on the BRVM equity market

14/05/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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At the end of the trading session on Tuesday, May 13, 2025, the stock SITAB (Société Ivoirienne de Tabacs) Côte d'Ivoire achieved the best performance on the equity market of the Regional Stock Exchange (BRVM) with an increase in its price of 7.50%.

The price of this value thus rose from 11,800 FCFA the day before to 12,685 FCFA on May 13, 2025, i.e. an increase of 885 FCFA. SITAB Côte d'Ivoire shares rose by 2,470 FCFA between May 8, 2025, when it quoted 10,215 FCFA, and May 13, 2025. Investors are positively endorsing the good results for fiscal year 2024 as well as for the first quarter of 2025. As of December 31, 2024, this company achieved a net profit of 44,730 billion FCFA against 12,399 billion FCFA at 31 December 2023, i.e. an increase of 260.75%. The same trend is noted concerning the net result for the first quarter of 2025, marked by an increase of 146% to 9.405 billion CFA francs.

The Top 5 of the largest price increases are occupied respectively by SITAB Côte d'Ivoire (plus 7.50% at 12,685 FCFA), Bernabé Côte d'Ivoire (plus 6.98% at 1,150 FCFA), Sicor Côte d'Ivoire (plus 6.97% at 3,530 FCFA), Uniwax Côte d'Ivoire (plus 6.82% at 705 FCFA) and BOA Burkina Faso (plus 3.86% & agrave; 3 495 FCFA

).


As for Flop 5 of the largest price drops, it is occupied respectively by ETI Togo (minus 6.25% to 15 FCFA), Air Liquide Côte d'Ivoire (minus 4.27% to FCFA 560), Société Générale Côte d'Ivoire (minus 4.27% to 560 FCFA), Société Générale Côte d'Ivoire (minus 4.27% to 560 FCFA), Société Générale Côte d'Ivoire (minus 4.27% to 560 FCFA), Société Générale Côte d'Ivoire (minus 4.27% to 560 FCFA), Société Générale Côte d'Ivoire (minus 4.27% to 560 FCFA), Société Générale Côte d'Ivoire (minus 4.27% to 560 FCFA), Société Générale Côte d'Ivoire (minus 4.27% to 560 FCFA) 92% to 5 400 FCFA) and Africa Global Logistics Côte d' Ivory (minus 0.70% at 1,420 FCFA).

The total value of transactions was 745.106 million FCFA against 913.972 million FCFA the day before.

For its part, the market capitalization of the equity market recorded its sixth day of uninterrupted increase to 11,432.218 billion FCFA against 11,399.085 billion FCFA on Monday 12 May 2025, i.e. an increase of 33.133 billion FCFA. For its part, the bond market fell by 778 million, from 10 579.629 billion FCFA the day before to 10 578.851 billion FCFA on Tuesday, May 13, 2025.

The improvement in the indices is still continuing. In fact, the BRVM Composite index recorded an increase of 0.29% to 296.46 points against 295.60 points the day before. As for the BRVM 30 index, it also increased by 0.34% to 149.07 points against 148.56 points previously. For its part, the BRVM Prestige index rose slightly by 0.03% to 121.75 points against 121.71 points

the day before.
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