The Ecobank group’s ETIT share took the elevator in the three financial markets where it is listed (Abidjan, Accra and Lagos) following the publication of the results of the pan-African bank.
On the session of Friday, April 27, the ETI course garnered 4.5% to 23 CFA francs at the BRVM, incorporating the top 5 largest increases. At the Ghana Stock Exchange, the ETI share rose 5% to 0.21 Cedis (GHc) on April 26, ahead of the flagships of the banking sector. In Nigeria, the ETI value, which rose by 18% in the first half, stabilizes around the 20 naira line (see diagram).
The week may be very lively, the information of the stock companies reporting a volume of purchase of 8 million shares in the pipe.
Ecobank, which had taken the precaution of announcing that it will not pay a dividend, is riding on the good wave of the recovery recorded at the end of 2017. “There is currently a relative fever Ecobank. The zinzins rely on this value but it is only in a few weeks that we will be able to say if the craze found has turned into a trend.
In 2017, the bank based in Lomé (Togo) posted a result of $ 289 million fully allocated to reserves.
