For the second day in a row, the SMB (Société Multinale de Bitumes) Côte d'Ivoire stock is at the top of the Top 5 of the largest price increases. It was at the end of the trading session on Friday November 8

The price of this value rose from 10,405 FCFA the day before to 11,000 FCFA this Friday, November 8, 2024, i.e. an increase of 405 FCFA. The SMB Côte d'Ivoire price increased by 1,315 FCFA on November 6, 2024, when it was 9,685 FCFA, and on November 8, 2024. SMB saw its net income drop by 56% to 5.374 billion CFA francs as of September 30, 2024. The company believes in prospects for the fourth quarter of 2024 that “the continuation of the major road program in the state of Côte d'Ivoire (National Development Plan of 2020a 2025) and the Rural Connectivity Project (PCR from 2023 to 2029) will allow sales to resume on the rise”.
Following the SMB Côte d'Ivoire share (plus 5.72% at 11,000 FCFA), the Top 5 of the largest price increases are occupied by SOGB Côte d'Ivoire (plus 4.29% at 4,500 FCFA), Ivorian electricity company Côte d'Ivoire (plus 3.10% at 2,325 FCFA), BICICI Côte d'Ivoire (plus 3.00% at 12,000 FCFA) and ONATEL Burkina Faso (plus 3.00% at 12,000 FCFA), and ONATEL Burkina Faso (plus 2.80% at 2,390 FCFA). The Flop 5 of the largest price drops is occupied by Uniwax Côte d'Ivoire shares (minus 6.90% at 405 FCFA), Bernabé Côte d'Ivoire (minus 4.76% at 1,100 FCFA), BOA Burkina Faso (minus 2.73% at 3,210 FCFA), AGL ex Bolloré Côte d'Ivoire (minus 2.44% at 1,400 FCFA) and Solibra Côte d'Ivoire (minus 2.04% at 14 FCFA) 200 FCFA). The value of the transactions was 773.376 million FCFA against 3.435 billion FCFA

The market capitalization of the equity market increased by 40.539 billion FCFA, from 9,703.365 billion FCFA the day before to 9743.904 billion FCFA the day before to 9743.904 billion FCFA this Friday, November 8, 2024. That of the bond market stood at 10 503.545 billion FCFA against 10 500.863 billion FCFA the day before, an increase of 2.682 billion.

The indices are up for the third day in a row. The BRVM Composite index rose by 0.42% to 271.33 points against 270.20 points the day before. As for the BRVM 30 index, it increased by 0.45% to 135.64 points against 135.03 points previously. For its part, the BRVM Prestige index gained 0.64% to 113.18 points against 112.46 points