The equity segment of the regional stock exchange ends this first week of the year with its two main indices oriented strongly downwards. According to Impaxis Securities, which gives the information in its weekly stock market review for the week of January 4 to 8, the BRVM composite and BRVM 10 indices recorded declines of 6.16% and 7.68% respectively in weekly variation.

Impaxis Securities says that of the 46 stocks traded this month, 28 closed this first week down and 10 up. Also, the Société de gestion et d'intermédiation (Sgi) notes that eight stocks have maintained a price level identical to that of December 31, 2020. Before pointing out that the activity indicators show a volume of 1,937,241.00 securities traded for a total value of 2,384,887,892.00 XOF.

In the aftermath, the Sgi notes that the VALUE BICI CI (BICC) accounts for 75.10% of the value of transactions for a volume of 289,805 securities traded. Except for the BRVM-Other sectors index (+7.14%) at 345.49 points, the other six indices recorded declines, including the BRVM-FINANCE, which made the largest weekly sectoral decline with a discount of 7.12%.

Nestlé CI (NTLC) recorded the best performance of the week up 17.19%, says Impaxis. Which adds dqns the same wake as the titles SAFCA CI (SAFC), SETAO CI (STAC), BERNABE CI (BNBC) and UNIWAX CI (UNXC) complete the podium with respective gains of 14.29%; 7,14% ; 5.00% and 4.50%.

"The biggest drop goes to the NSIA BANQUE CI (NSBC) share which loses -19.83% of its value and thus ends the week at 4,810 FCFA against a price of 6,000 FCFA on December 31, 2020," notes the Sgi. Who finally informs that at the close of the market on Friday 08 January the market capitalization stood at 4,098,442,309,236 XOF.

AllAfrica, Inc.