Explanation of variations : For its third trading session of the week, the BRVM stock market closed in the red. This decline of 0.70% to 217,41 points due to the poor performance of one of the biggest stocks on the market, namely Sonatel SN.
In fact, Sonatel SN, after several days of stagnation, saw its price fall by 2.37% and is now trading at 18 550 F CFA while Orange CI for its part stabilizes (0.00%) for a purchase price of 10,855 FCFA.
Therefore, the FLOP 3 recorded on the market consists of Nestlé CI (-4.50%) which will see its price fall to 6 580 F CFAVivo Energy CI falls by 3.90% today 740 F CFA and Bernabe CI presents a counter performance of 3.85% taking its trading price so far 1 250 F CFA .
In addition, the most traded securities on this trading day are as follows: SGBCI (1.13%) with more than 126 millions of F CFAfollowed by Onatel BF (0.44%) which was traded on the market at more than 122 million of F CFA.
Regarding the 3 best performances of the day, we remember, Nei-Ceda (+7.19%) which keeps the first place due to the attractive sector it has to distribute, followed by Filtisac (+3.63%) and Total SN (+1.88%) ) which brings up the rear.
Regarding the information released in the BOC:
Action on file: : The Regional Securities Exchange (BRVM) informs the public and market participants that a transaction on file was made this Wednesday, April 24, 2024.
That transaction included 1,120 CIE shares at a unit price of 5 CFA francs, or a total value of 5,600 CFA francs.
Vocabulary Point : Management under command
Management under mandate is a written contract on paper or other durable medium, by which a client (the principal) authorizes a manager (the agent) to manage his portfolio of securities consisting of financial instruments (and ie shares, bonds, Sukuk, stock indices etc.) according to his investment objectives, including risk tolerance.
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