Explanation of variations : Overall the stock market underperformed, closing in the red during this trading session. This general decline in BRVM Composite is of 0.02% year to date 219,15 points partly due to the negative changes observed on the securities of Orange CI, Ecobank CI and Palm CI.
So the two biggest stocks on the market have advanced in scattered stages. Sonatel SN remained neutral (0.00%) with an unchanged price of 19,300 FCFA Over this trading session, Orange CI decreased to 0.23% compared to yesterday 11,050 FCFA.
The FLOP 3 recorded in the market is significant with changes all above 7%. It consists of Palm CI which continues to decline (-7.50%) and will see its price drop to 5 735 F due to concerns about the palm oil market, Saph CI with another fall of -7.43% to stand 2 180 F CFA and AGL ex Bollore Transport & Logistics which presents a counter performance of 7.30% after the publication of its report for the 1st quarter of 2024 which shows a significant loss, bringing its trading price to until now. 1 460 F CFA even if it should be noted that the year 2023 is still a good year for the company with a net profit of more than 17 billion FCFA and that its shares are not yet for that year.
Moreover, the market remained fearful during this session. The largest transactions were made on SIB securities (0.00%) by slightly over 48 millions of F CFAfollowed by Sonatel SN (0.00%) which was traded on the market at more than 34 million of F CFA.
The TOP 3 of the day, for its part, consists of the companies Sucrivoire (+6.98%), followed by Ecobank TG (+6.25%) and Oragroup TG (+3.26%) after a significant fall in the their course during the previous session.
Regarding the information released in the BOC:
Regarding the SETAO CI convening: SETAO CI shareholders are called for a General Meeting on Thursday, May 30, 2024 at 10:00 a.m. at TIAMA hotel (EBENE lounge) – Abidjan Plateau.
Report on the financial results of the annual income of the company Vivo Energy CI, 2023. The company Vivo Energy CI has published its financial statements for 2023. It seems that for the year 2023 revenues will increase by 13% more than in 2022, going from 488 billion in in 2022 to 550 billion in 2023. , the after-tax result of our company as of December 31, 2023 is up 13% to stand at FCFA 4,012 million compared to FCFA 3,549 million as of December 31, 2022.
Report on the financial results of the annual income of the company Vivo Energy CI, 2024. The company Vivo Energy CI published its report in the 1st quarter of 2024. Thus, on March 31, 2024, the turnover of the company registered an increase of 10%, i.e. FCFA 149,433 million compared to FCFA 135,553 million at the same period of the previous period. financial year. This is due, to a large extent, to the increase in volumes achieved by 9%, together with the increase in average prices at the pump between 2023 and 2024. Compared to the same period of the previous financial year , the net result as of March 31, 2024 is up +48% to stand at 1,288 million FCFA against 872 million FCFA.
BIDC-EBID 6.50% 2021-2028: The BRVM informs the public and market participants that the EBID will, on May 18, 2024, pay semi-annual interest and partially repay its loan capital.
Reminder Thursday May 9, 2024, public holiday: The BRVM informs the public and market participants that according to the 2024 registration calendar, on Thursday May 9, 2024, Ascension Thursday, as a public holiday in Côte d’Ivoire, there will be no trading session in- today. Sessions begin on Friday May 10, 2024.
Vocabulary Point : article
A dividend is a share of a company’s profits that is distributed to shareholders. When a company makes a profit, it has several options for using that money, such as reinvesting in the business, paying off debt, or distributing some of the profits to shareholders in the form of dividends. The share is distributed according to share.
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