Home » News » STOCK MARKET: Cancellation of 10 Sonatel SN shares by the BRVM, Wednesday

STOCK MARKET: Cancellation of 10 Sonatel SN shares by the BRVM, Wednesday

Explanation of variations : For this third trading session of the week, the market generally did well, closing in the green. This increase in 0.61% Yes 219.36 points due to large increases, some of them on large market values ​​(14) compared to decreases (8).

Sonatel SN remains stable (0.00%) with an unchanged price at 19 000 FCFA while Orange CI shows an increase of 1.38% during this day taking its course to 11,000 FCFA.

However, the FLOP 3 recorded in the market, with relatively small changes, consists of Total SN (-1.84%) which will see its price drop to 2 400 F CFA, ensuite Uniwax CI (-0.96%) sees its course at 515 F CFA and Tractafric Motors CI which achieved a poor performance of 0.88% bringing its trading price to date 2 250 F CFA .

In addition, the most traded securities on this trading day are as follows: BOAS (0.00%) with more than 93 million of F CFAfollowed by SIBC (0.00%) which traded on the market for more than 44 million of F CFA.

As for the top 3 shows of the day, we remember, Saph CI (+7.43%), followed by Sitab (+7.31%) and Barnabas CI (+7.00%) which brings up the rear.

As part of the information distributed in the BOC :

Cancel your transaction: The Regional Stock Exchange (BRVM) informs the public and market participants that a transaction involving 10 Sonatel SN shares, which was recorded during the session on Wednesday April 17, 2024, has been cancelled.

Quarterly publication of Tractafric Motors CI activity schedule: The company Tractafric Motors CI has published its quarterly activity table and results on September 30, 2023. So we see an increase of +7.9% in turnover compared to 2022. The net result, for its part, falling by 54.7% in 2023. standing at 1.3 billion FCFA. This decline, according to the company, is due to the increase in operating costs to support development.

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 their investment objectives, including risk tolerance.

RAF

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