The equity market of the WAEMU Regional Stock Exchange closed lower this week with a BRVM C that fell -0.41% to 206.07 points. The BRVM 10 rose by 0.32% to 163.69 points. The underperformance observed this week is attributable to declines in the sector indices "Industry" (-4.2 8%), "Transport" (- 0.55%), "Public Services" (-0.4 4%) and "Finance" (-0.09 %). On the other hand, the "Other Sectors", "Distribution" and "Agriculture" sectors recorded increases of 5.36%, 1.93% and 0.51% respectively. As for volume transactions, they are up, as in the previous week, by standing at 8 003 931 shares exchanged against 894 584 shares. To the detriment of ETI TOGO, ORAGROUP TOGO dominates trade by representing 76% of this volume. In value, transactions increased by 1106.90% to 27.06 billion FCFA against 2.09 billion FCFA last week; ORAGROUP TOGO representing 94% of this value. Indeed, this Wednesday, August 24, 2022, saw the purchase of 6 100 481 ORAGROUP TOGO shares for an amount of 25.32 billion FCFA, representing 8.79% of the capital of the banking group, or 44% of the free float. This is the largest value transaction since its introduction to the regional market. This record transaction would result in particular from the acquisition by the investment fund SBNA of all the shares of the CGRAE (the pension fund of Ivorian civil servants) in the free float. In total, 17 values are up against 22 down, 5 values have remained constant.
The BRVM bond market posted a market capitalization down by 1,5 million FCFA, or -0.20%. The overall capitalization of the bonds is CFAF 8 055 billion as of August 26, 2022. The obligation with the symbol TPBF. O6 represents 65% of transactions in value, which increased by 300.52% to CFAF 941.32 million.
