2024-11-22 09:48:00
Commentary on variations
Investors bet on Sonatel SN in an eventful day at the BRVM
The session of Thursday, November 21, 2024 at the BRVM was characterized by a moderate decline in the main indices, with the BRVM Composite down 0.17% and the BRVM 30 down 0.35%, indicating an overall downward trend.
The exchanges covered a volume of 747,248 securities, for a total amount of 6.44 billion FCFA, reflecting notable activity despite contrasting performances.
Solibra CI (SLBC) and Uniwax CI (UNXC) posted the strongest gains, with increases of 7.49% and 7.32% respectively, while Bernabé CI (BNBC) and Bank of Africa CI (BOAC) recorded the biggest drops, at -7.11% and -4.58%.
Transactions were dominated by Sonatel SN (SNTS), which totaled 352.76 million FCFA, reflecting strong interest in this stock, while stocks like SAFCA CI (SAFC) posted the lowest volumes.
These developments reflect a disparate dynamic, marked by a concentration of trading on a few flagship securities.
Regarding the information communicated in the BOC:
Actions
AFRICA GLOBAL LOGISTICS (AGL) : Dividend payment of 92 CFA francs net per share, 12/12/2024
BANK OF AFRICA SENEGAL (BOAS): 1st half activity report
Vocabulary Point : The quotation
The quoting refers to the value of an asset, share or security at a given time, generally in a financial market. It is a fundamental concept for investors, because it allows you to know the price at which a security is traded at a specific moment.
DISCLAIMER
This document does not constitute a contract offer, solicitation, advice or recommendation on the part of SA2IF, with a view to the purchase or sale of the product(s) described therein. The information contained in this document is provided for purely informative purposes and has no contractual value. They are subject to change at any time and without notice. Furthermore, for more information or opinions as investment advice, you are requested to consult SA2IF at the contacts mentioned in this document.
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**Editor:** Thank you for joining us today, Dr. Diallo. Let’s dive into the recent developments at the BRVM from November 21. What can you tell us about the decline in the main indices this session?
### Interview with Market Analyst, Dr. Aissatou Diallo
**Editor:** Thank you for joining us today, Dr. Diallo. Let’s dive into the recent developments at the BRVM from November 21. What can you tell us about the decline in the main indices this session?
**Dr. Diallo:** Thank you for having me. Indeed, the session on November 21 was quite interesting. We saw the BRVM Composite index decline by 0.17%, and the BRVM 30 fell by 0.35%. This slight downward trend can be attributed to a variety of factors, including market reactions to global economic signals and local investor sentiment.
**Editor:** You mentioned that there was a notable volume of activity despite this decline. Can you elaborate on that?
**Dr. Diallo:** Absolutely. Although the indices fell, there was significant trading volume—747,248 securities were exchanged, with a total transaction value of 6.44 billion FCFA. This indicates that investors were actively trading, perhaps trying to capitalize on specific opportunities within the market, despite the overall negative trend.
**Editor:** Speaking of trading opportunities, we’ve observed strong performance from certain stocks, like Solibra CI and Uniwax CI. Why do you think these companies stood out?
**Dr. Diallo:** Great observation! Solibra CI and Uniwax CI recorded the strongest gains during this session. This could be due to several factors, including positive earnings reports or market speculation around their future growth potential. In a generally bearish market, investors often look for resilient stocks, and these companies seem to fit that profile right now.
**Editor:** Looking ahead, what trends should investors be aware of as we approach the end of the year?
**Dr. Diallo:** As we move into the final weeks of 2024, investors should closely monitor global economic indicators, especially movements in commodity prices and currency fluctuations. Additionally, any changes in regulatory policies or geopolitical developments could significantly impact market performance. It’s crucial for investors to stay informed and agile.
**Editor:** Thank you, Dr. Diallo, for sharing your insights with us today. It will be interesting to see how the market evolves in the coming weeks.
**Dr. Diallo:** Thank you for having me. I look forward to discussing these developments further.