Orange Côte d’Ivoire recovers 4.85% on BRVM, but not its previous day’s fall

The stock closes on 15 October at 21,500 CFA francs, against 20,505 CFA francs on Wednesday. The Composite index rises 0.19%, despite a majority of stocks falling.

Orange Côte d’Ivoire shares rose 4.85% on Thursday 15 October on the Regional Securities Exchange of Abidjan, to 21,500 CFA francs, after their fall the previous day. The rebound nonetheless leaves the stock below its level of 13 October, in a market where declines remain in the majority.

The price recovered 995 CFA francs from the 20,505 CFA francs recorded on Wednesday. It had then lost 6.37%, after closing at 21,900 CFA francs on Tuesday, according to the official trading bulletin for 14 October.

The Composite closed on Thursday at 537.67 points, up 0.19% from the 536.65 points of the previous session. Most stocks still show negative performance, with 28 stocks falling against 14 rising.

The BRVM 30 and Prestige indices rose respectively by 0.22%, to 260.32 points, and by 0.67%, to 200.13 points. The Main Compartment index, by contrast, fell 0.41% to 373.12 points.

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