According to the market analysis report of Bloomfield Investment Corporation, a rating agency
pan-African company specializing in credit risk assessment, based in Abidjan, the Regional Stock Exchange
securities (Brvm) ended the week of August 19 to 23 down, posting 148.83 points for
the BRVM 10 index (-0.96%) and 153.97 points for the BRVM Composite index (-0.83%).
The market capitalization of the equity market stands at 4,584 billion CFA francs. The transactions
in market value of the shares stood at 869 million CFA francs at the end of the week, brought
mainly by the “Public Services” (39%) and “Finances” (54%) sectors.
The SOLIBRA CI share made the most significant progress on the market with a gain of 16.10%, while the
UNILEVER CI shares posted the largest drop with a fall of 28.57%.
On the commodities market, coffee and palm oil prices are strengthening (respectively
+2.57% and +3.13%), while the price of rubber weakened further (-9.46%).
At the end of 2018, the turnover and net income of Vivo Energy Côte d'Ivoire show increases
of 11.7% and 7.7% respectively compared to the previous year, to stand respectively at 347.7
billion FCFA and 5.4 billion FCFA.
The good performance recorded by the company is mainly attributable to the increase in
volume of its sales and the diversification of its activities.
On the stock market, the Vivo Energy share price fluctuated between 800 FCFA and 950 FCFA over the period
from the beginning of the year 2019 to April 23, then reached the peak of 1,100 FCFA on April 26, 2019 (+16.4% per
compared to the start of the year).
According to the Chief Economist of Bloomfield Investment, the observed rise in price could be explained by
positive anticipation of the company's results by investors.
Subsequently, the share price follows a general downward trend and stands at 825 FCFA on August 23.
2019, a drop of 120 FCFA compared to its value at the beginning of the year.
Vivo Energy Côte d'Ivoire intends to increase its performance in 2019 by capitalizing on its network of
expanding service stations and strengthening its diversification.
The fallout from this strategy could increase the attractiveness of the Vivo Energy CI share compared to
other titles in the “Distribution” sector on the BRVM.

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