BRVM Composite slips 0.33% as industrials jump 2.81%
The BRVM Composite fell 0.33% to 443.85 points on June 23, while the BRVM Composite Total Return lost 0.33% to 175.71 points. The decline was led by financials, down 0.63% to 201.92 points, and consumer staples, off 0.81% to 279.58 points, while industrials jumped 2.81% to 221.17 points. On the corporate front, Alain Nkontchou became Ecobank's largest shareholder, according to Afrimag, while Coris Bank International Chad is negotiating a $10 million guarantee line with IFC, according to Sika Finance. In consumer names, Sika Finance reports questions around SOLIBRA's record profits, as the discretionary consumption index slipped 0.79% to 202.84 points.
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