SETAO (Société d’études et de travaux pour l’Afrique de l’Ouest) Côte d’Ivoire is the Best Performing Stock on BRVM – May 22, 2023

2023-05-22 21:24:00

The title SETAO (Société d’études et de travaux pour l’Afrique de l’Ouest) Côte d’Ivoire appeared, at the end of the trading session of this Monday, May 22, 2023, the best performing on the stock market of the Regional Stock Exchange (BRVM) with a price increase of 6.37%.

The price of this value went from 1020 FCFA on Friday May 19, 2023 up to 1085 FCFA on May 22, 2023, an increase of 65 FCFA. SETAO Ivory Coast finds itself at the head of Top 5 of the strongest price increases ahead of Bolloré Côte d’Ivoire (plus 3.33% to 1,395 FCFA), BOA Mali (plus 3.02% to 1,365 FCFA), Air Liquide Côte d’Ivoire (plus 2.73% to 565 FCFA) and Société Ivoirienne de Banque Côte d’Ivoire (plus 2.04% to 5,000 FCFA).

As for Flop 5 of the biggest falls, it is occupied by the securities Solibra Côte d’Ivoire (minus 7.50% to 79,550 FCFA), Total Senegal (minus 5.43% to 2,440 FCFA), Bernabé Côte d’Ivoire Ivoire (minus 2.01% to 1,955 FCFA), Onatel Burkina Faso (minus 1.69% to 2,900 FCFA) and SAPH Côte d’Ivoire (minus 1.65% to 4,170 FCFA).

On the side of market activities, the value of transactions is on the rise, standing at 651.030 million FCFA once morest 305.013 million FCFA on May 19, 2023.

The market capitalization of the equity market recorded a drop of 71 million, from 7311.793 billion FCFA the day before to 7311.083 billion FCFA on May 22, 2023.

That of the bond market, on the other hand, is stationary at 10,132.045 billion FCFA.

As for the indices, we note a contrasting situation. The BRVM 30 index (index of the 30 most traded stocks on the market) recorded an increase of 0.14% to 98.39 points once morest 98.25 points previously.

As for the BRVM Prestige index (which includes all the stocks listed in the Prestige compartment), it fell by 0.35% to 101.05 points once morest 101.40 points the day before.

For its part, the composite index (the general stock market index) recorded the lowest drop with -0.01% to 196.52 points once morest 196.54 points on May 19, 2023.

Oumar Nourou

Source :

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