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Cote d’Ivoire Market Watch | June 5th 2015: BRVM equity adds market cap of XOF 58 billion, indices up

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Friday, higher than the previous day. BRVM 10 index rose from 276.34 to 278.86 points, a gain of 0.91 percent. BRVM Composite index gained 0.86 percent to 273.47 against 271.13 points previously. Likewise, the equity market capitalization added XOF 57.8 billion to close at XOF 6,748.12 billion compared with previous trading sessions’ market capitalization of XOF…

Cote d’Ivoire Market Watch | June 4th 2015: BRVM equity extends uptrend, market cap adds XOF 20 billion

Posted on by The Editorial Team

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Thursday, higher than the previous day. BRVM 10 index rose from 275.83 to 276.34 points, a gain of 0.18%. BRVM Composite index gained 0.30% to 271.13 against 270.31 points previously. Likewise, the equity market capitalization added XOF 20 billion to close at XOF 6,690.28 billion compared with yesterday’s market capitalization of XOF 6,670.14 billion. In…

Standard Chartered will invest Millions to boost retail business says Group Head of Retail

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Nairobi (Capital Markets in Africa): – Standard Chartered will spend “hundreds of millions of dollars” in the years ahead to raise the share of income from its retail business 10 percentage points by 2020, its group head of retail clients said. Karen Fawcett said the lender, which focuses on Asia, Africa and the Middle East, would invest the money in areas such as technology to raise the share of retail business income from 30 percent now….

Cote d’Ivoire Market Watch | June 3rd 2015: BRVM equity market cap adds XOF 70 billion and composite index rise

Posted on by The Editorial Team

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) BRVM main indices closed the trading session this Wednesday lower than the previous day for BRVM 10, and higher for BRVM Composite. BRVM 10 index decreased from 276.13 to 275.83 points, a drop of 0.11%. BRVM Composite index gained 0.24% to 270.31 against 269.66 points previously. Likewise, the equity market capitalization added XOF 70 billion to close at XOF 6,…

Cote d’Ivoire Market Watch | June 2nd 2015: BRVM stock market gains XOF 54 billion and indices rise

Posted on by The Editorial Team

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) BRVM closed its trading session this Tuesday, higher than the previous day. BRVM 10 index rose from 273.46 to 276.13 points, a gain of 0.98%. BRVM Composite index gained 0.82% to 269.66 against 267.48 points previously. The equity market capitalization added XOF 54 billion to close recorded at XOF 6,600.34 billion. Looking at the market activity, today trading activity improved…

Cote d’Ivoire Market Watch | June 1st 2015: BRVM stock market begins on bearish by losing XOF 13bn

Posted on by The Editorial Team

Abidjan, Cote d’Ivoire (Capital Markets in Africa):- BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Monday, lower than the previous trading sessions. BRVM 10 index decreased from 273.88 to 273.46 points, a drop of 0.15%. BRVM Composite index lost 0.19% to 267.48 against 268 points previously. The equity market capitalization was recorded at XOF 6,600.34 billion compared to XOF 6,613.04 billion previously (lost almost XOF 13 billion). Looking at the…

Côte d’Ivoire: Economic growth at 7.7% in 2015 and 7.8% in 2016, net FDI at 2.9% of GDP

Posted on by The Editorial Team

Abidjan, Côte d’Ivoire (Capital Markets in Africa) — The International Monetary Fund (IMF) projected Côte d’Ivoire’s real GDP to grow at 7.7% in 2015 and at 7.8% in 2016 compared to a growth rate of 7.5% in 2014. In parallel, it forecast growth at 4.5% in 2015 and 5.1% in 2016 for Sub-Saharan Africa (SSA), and at 6% in 2015 and 6.2% in 2016 for the West African Economic and Monetary Union, to which Côte…

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