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Regional bourse falls slightly

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Abidjan, Cote d'Ivoire - The regional bourse for the French West Africa (BRVM) in Abidjan, Cote d'Ivoire, ended trading Monday slightly lower than it did the previous session.

The BRVM Composite index lost 0.10%, dropping from 175.65 to 175.48 points.

The BRVM 10 index closed at 191.35 points down 0.05%.

In a statement here, the BRVM said the value of the transactions was 42.38 million CFA francs, compared to the 169.37 million CFA francs reported last session.

Trading involved 17 of the 38 companies listed on the stock exchange as the number of securities traded climbed to 72,974.

It said 14 of the 20 accredited brokerage firms, including seven from outside Côte d'Ivoire, took part in the trading.

Stock market capitalization was 3,286,261,146,725 CFA francs.

That for the bond market rose to 512,327,418,018 CFA francs.

On the bond market, 369 ONATEL 6.65% 2005-2011 bonds were traded for a total value of 3.69 million CFA francs, not counting accrued coupons.

Abidjan - 05/01/2009

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