Cote D’Ivoire Stock Markets | 03 Nov 2015: Negative sentiment return to BRVM Bourse equity markets … indices and market cap down

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Tuesday lower than the previous day. BRVM 10 index decreased from 302.36 to 300.21 points, a drop of 0.71 percent. BRVM Composite index lost 0.24 percent at 303.65 points against 304.37 points previously.

The equity market capitalization dropped XOF 18 billion (about US$30 million) to close at XOF 7,493 billion relative to the previous trading sessions’ market capitalization of XOF 7,511 billion.

The market activity measured by total volume was recorded at 68,991 traded stocks relative to 56,852 recorded at the previous trading sessions. The total traded value was at XOF 1,177.488 million (against XOF 1,752.822 million recorded at the previous trading session) exchanged in 29 traded securities via 246 deals.

Today’s top stock by volume was SONATEL SENEGAL with 15,636 traded securities (accounted for about 27.50 percent of the total volume). SONATEL SENEGAL recorded the highest total traded value of XOF 408.803 million contributing nearly 34.72 percent of total traded value. The Liquidity ratio (measured by Volume traded/ Ask orders volume) ended at .99 percent and Price Earnings Ratio was recorded at 22.56.

From the market price movers’ perspectives, out of the 29 traded securities today, 8 stocks experienced price gains, 10 witnessed price drops and 11 stocks price remained unchanged relative to the previous closing price. On the price upward zone, SOLIBRA COTE D’IVOIRE emerged as the top price gainers by adding 4.17 percent to end at XOF 175,000. BOLLORE AFRICA LOGISTIC COTE D’IVOIRE surged by 3.75 percent at XOF 233,500 and UNIWAX COTE D’IVOIRE closed at XOF 28,995 after adding 3.17 percent. BANK OF AFRICA NIGER share price advanced by 1.16 percent to close at XOF 87,000 and AIR LIQUIDE COTE D’IVOIRE with a closing price of XOF 19,600 by gaining1.03 percent.

In the downward district, FILTISAC COTE D’IVOIRE lost 6.67 percent to settle at XOF 28,000 as the biggest loser and CIE COTE D’IVOIRE slacked by 5.88 percent to close at XOF 80,000. SOGB COTE D’IVOIRE fell by 2.62 percent to close at XOF 26,000. ECOBANK TRANSNATIONAL INCORPORATED TOGO sagged by 1.89 percent to settle at XOF52 and SAPH COTE D’IVOIRE slumped by 1.71 percent to trade at XOF 11,500.

From the sector indices viewpoints, the industry sector index rose by 1.01 percent at 164.40 points but public utilities sector index sagged by 0.47 percent to end at 827.66 points. Financial services sector index fell by 0.70 percent to end at 109.79 points and distribution sector index dropped 0.32 percent to end at 590.39 points. The agriculture sector index slid by 1.10 percent to close at 187.07 points. The transportation sector index rose by 3.70 percent to settle at 1,130.37 points and miscellaneous sector index remained unchanged to close at 638.27 points.

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