Stock market: Suspension of TPCI 2022-2029 is lifted as of May 10, 2024.

2024-05-13 08:58:54

Commentary on variations : For its last trading session of the week, the stock market underperformed, closing in the red. This decline of 0.19% recorded at the level of the BRVM Composite brings the index representative of the stock market to 219,91 points.

During this trading session, it appears that 14 companies saw an increase in their prices compared to 20 decreases..

The FLOP 3 recorded is made up of Oragroup (-7.32%) which sees its price drop to 1 900 FSOGC fell by -7.19% to stand at 2 970 F CFA and Safca shows a poor performance of 7.14% bringing its trading price to now 1 105 F CFA .

Furthermore, the largest transactions were carried out on Sonatel SN securities (0.00%) with a little more than 63 millions de F CFAfollowed by CIE (-0.56%) which was traded on the market at more than 55 millions de F CFA.

The TOP 3 of the day, for its part, is made up of the Sicable companies (+7.07%), followed by Uniwax CI (+6.76%) and Air Liquide (+3.85%).

Regarding the information communicated in the BOC:

Lifting of suspension of titre TPCI (tx de base +spread) 2022-2029: The Regional Stock Exchange (BRVM) informs the public and market participants that due to the communication by the issuer of the base rate corresponding to the period from May 12 to August 11, 2024, the suspension of the security TPCI (tx de base +spread) 2022-2029 is lifted as of May 10, 2024.

TPCI (tx de base +spread) 2022-2029: The Regional Stock Exchange (BRVM) informs the public and market participants that the interest rate of the loan TPCI (tx de base +spread) 2022-2029 for the period from May 12 to August 11, 2024 is set at 7.95%.

Ecobank CI dividends financial year 2023: The Regional Stock Exchange (BRVM) informs the public and market participants that the company Ecobank CI will pay, on May 30, 2024, its annual dividend of 594 FCFA for the 2023 financial year.

Sucrivoire financial statements for financial year 2023: The company Sucrivoire has published its financial statements for the 2023 financial year. It appears that the turnover is down slightly, falling to 68.1 billion FCFA in 2023. The net result remains negative, passing from -8 billion FCFA in 2022 to -10 billion FCFA in 2023.

Sucrivoire activity report for the 1st quarter of 2024: The company Sucrivoire has published its activity report for the 1st quarter of 2024. It appears that turnover is up 17%, going from 24 to 28 billion FCFA in Q1 2024. The net result explodes by 80% going from 2 billion FCFA in Q1 2023 to 4 billion FCFA in Q1 2024.

Vocabulary Point : A public securities market

The public securities market is a place where the only products traded there are public securities. These securities are only issued by States. These products include assimilable treasury bonds (OAT) which are medium and long-term debt securities and assimilable treasury bonds (BAT) which are short-term debt securities issued.