BRVM falls 0.71% as industrials rise 2.48%
The BRVM Composite fell 0.71% to 406.43 points on April 8, while the BRVM-30 lost 0.46% to 191.33 and the Prestige index dropped 0.78% to 157.71. Losses were tempered by industrials, which rose 2.48% to 217.43 points after a 1.78% gain a day earlier, with SAPH generating 900.8 million XOF in turnover, according to April 7 analyst reports. By contrast, consumer staples slid 2.28% to 265.84 points, ahead of telecommunications at -0.93% and energy at -0.65%. In financials, Coris Bank International BF posted a sharp rebound, according to Sika Finance on April 2, while Oragroup led the ranking of the best-performing banking stocks, Financial Afrik reported on April 5.
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