Home » News » Stock market: Palm CI, Vivo Energy and Bernabe CI, best performances

Stock market: Palm CI, Vivo Energy and Bernabe CI, best performances

Commentary on variations : Overall the market weakened, closing in the red during this trading session. This drop of 0.1% to 216,12 points is partly due to the negative variations observed on Sonatel, SGBCI and Coris Bank International securities.

Sonatel SN shares fell by 0.06%, bringing their price to 17 890 F CFA while Orange CI remains stable (0.00%) keeping its price at 10,900 FCFA.

Thus, the FLOP 3 recorded on the market is composed of CIE (-3.03%) leading its price to 1 600 F CFABOA SN (-2.73%) is positioned at 3 390 F CFA and SMB CI which has a counter performance of 1.74% bringing its trading price to now 11 300 F CFA.

In addition, the securities that were heavily traded on this trading day are as follows: Sonatel SN (-0.06%) with more than 278 millions de F CFA followed by Ecobank CI (+0.67%) which was traded on the market at more than 50 millions de F CFA.

However, the 3 best performers are made up of Palm CI which keeps its place (+6.31%), followed by Vivo Energy CI (+4.58%) and Bernabe CI (+4.00%).

Regarding the information communicated in the BOC:

BOA CI dividend payment for financial year 2023: The Regional Securities Exchange (BRVM) informs the public and market participants that the company BOA CI will provide payment, April 29, 2024its annual dividend of 684 FCFA net per share, for the 2023 financial year.

BOA BF dividend payment for financial year 2023: The Regional Securities Exchange (BRVM) informs the public and market participants that the company BOA BF will provide payment, the 06 of 2024its annual dividend of 704 FCFA net per share, for the 2023 financial year.

Results as of December 31, 2023, Onatel SA: The telecommunications company Onatel SA has published its financial results as of December 31, 2023. It appears that turnover is down 4% compared to 2022, now standing at 139,154 million FCFA. Going in the same vein, the net profit fell by 6% compared to 2022, and stood at 21,129 million FCFA. However, the Board of Directors of Onatel SA proposed to the General Meeting of shareholders, the distribution of a gross ordinary dividend of 304.51 FCFA per share from June 15, 2024.

Vocabulary Point : A limited order

A limit order is an instruction given by an investor to a broker to buy or sell a security at a specific price or better. This means that the order will only be executed if the price of the security reaches the specified level or better. In the case of a buy order, the investor specifies the maximum price he is willing to pay for the security. In the case of a sell order, the investor specifies the minimum price at which he is willing to sell the security. If market conditions do not permit execution of the order at the specified price, the limit order will not be executed and will remain active until canceled or market conditions permit execution.Orders Limited orders give investors more precise control over the price at which they buy or sell securities, but they do not guarantee order execution.

RAF

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