Senegalese Telco Sonatel Trading at Highest Level Since 2017
TLDR
- Sonatel (SNTS) achieved a 2.13% increase in share price to 24,000 FCFA, reaching a level last seen in August 2017, adding 50 billion FCFA to its market capitalization.
- The performance of Sonatel drove the BRVM Composite index up by 0.26% to reach 261.24 points, its highest level in seven years.
- BRVM 30 index rose by 0.34% to 131.15 points, while the BRVM Prestige index experienced a 1.40% decline to 113.24 points.
Sonatel (SNTS), the largest company on the BRVM stock market, recorded a 2.13% increase on Friday, pushing its share price to 24,000 FCFA, a level not seen since August 2017.
This rise added 50 billion FCFA ($85 million) to the telecommunications giant’s market capitalization, further solidifying its dominant position in the regional stock market.
The performance of Sonatel drove the BRVM Composite index up by 0.26% to reach 261.24 points, its highest level in seven years. Similarly, the BRVM 30 index rose by 0.34% to 131.15 points, while the BRVM Prestige index saw a decline of 1.40% to 113.24 points.
Points clés à retenir
Sonatel’s significant rise propelled the BRVM Composite to its highest level in seven years, reflecting the telecom giant’s continued dominance. Its stock began the year with a share price of 17,980 XOF and has since gained 33.5% on that price valuation, ranking it eighth on the BRVM in terms of year-to-date performance. Over the past four weeks alone, it has grown 9%.
Vous pensez que quelqu'un d'autre devrait voir ça ?
Investir dans cette opportunité et dans d’autres opportunités à travers l’Afrique
Téléchargez l'application daba finance sur votre mobile via
Passer à l'action.
Télécharger l'application
Commencez à investir dans les meilleures opportunités d’Afrique, notamment les actions, les obligations, les startups, les fonds de risque, et bien plus encore.
Entrez en partenariat avec nous
Débloquez des opportunités commerciales passionnantes et un potentiel de croissance.
Rejoindre Daba
Devenez membre de notre communauté dynamique et profitez d'avantages exclusifs.
Contactez-nous
Contactez-nous pour toute demande de renseignements, assistance ou collaboration.