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Stock market: the recession deepens this Monday 14 | FTSC surprises the top 5

Explanation of variations : The decline deepens this Monday 14 | FTSC surprises the top 5!

The market saw a broad decline during the Monday session. The BRVM Composite index closed at 264.75 points, down 0.97%. The BRVM 30 index fell by 0.84%, reaching 131.05 points, while the BRVM Prestige index fell by 0.89% to 111.23 points.

As for the best performing stocks, FILTISAC CI (FTSC) increased by 3.60%, closing at 1,440 FCFA, followed by ORAGROUP TOGO (ORGT) which increased by 3.26%, reaching 1,900 FCFA. BANK OF AFRICA BF (BOABF) ended at 3,500 FCFA with an increase of 2.34%. CFAO MOTORS CI (CFAC) increased by 1.54%, closing at 660 FCFA, while SICABLE CI (CABC) registered an increase of 1.02%, reaching 990 FCFA.

On the other hand, among the biggest declines, SOLIBRA CI (SLBC) fell 6.59% to close at 17,000 FCFA. ECOBANK TRANS CO (ETIT) fell by 5.88%, ending at 16 FCFA. SAPH CI (SPHC) also fell 5.76% to 4,005 FCFA, followed by BANK OF AFRICA ML (BOAM) which registered a fall of 4.47% to 2,245 FCFA. SN TOTAL PERIOD MARKETS (TTLS) ended at 2,200 FCFA, down 4.35%.

In terms of transaction volumes, CIE CI (CIEC) recorded the highest number with 130,970,470 FCFA (+11.93x), followed by SONATEL SN (SNTS) with a volume of 125,343,245 FCFA (-0.10x). ORANGE CI (ORAC) amounted to 51,909,495 FCFA (-0.56x), while BANK OF AFRICA CI (BOAC) recorded 40,765,380 FCFA (+0.07x). BANK OF AFRICA BF (BOABF) closed with a book of 26,312,310 FCFA (+5.04x).

Among the weakest transactions, NEI-CEDA CI (NEIC) recorded a volume of 16,830 FCFA (-0.91x). BICI CI (BICC) totaled 43,800 FCFA (-0.63x), while SAFCA CI (SAFC) recorded a transaction of 75,840 FCFA (+14.13x). BERNABE CI (BNBC) closed with 93,130 FCFA (-0.29x) and SETAO CI (STAC) achieved a volume of 259,125 FCFA (+1.04x).

Regarding the information released in the BOC:

Responsibilities

ECOWAS Bank for Investment and Development (EBID) :

EBID GSS 6.50% 2024-2031 : First listing on October 31, 2024.

Vocabulary Point : Basic Analysis

Fundamental analysis is a method used to estimate the intrinsic value of a financial asset, such as a stock, by examining economic, financial and other qualitative and quantitative factors related to that asset. Unlike technical analysis, which focuses on studying price charts and trends, fundamental analysis seeks to understand the underlying causes of price movements by assessing financial health and growth prospects. company.

CONFIRMATION

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