Standard Bank leads BODIVA with 665.6 million kwanzas traded
By the AFREEQUE newsroom, based on Mercado
Standard Bank recorded the highest financial trading volume at the BODIVA session, with 665.6 million kwanzas traded on Thursday. Its shares rose by 3.26%, while Unitel recorded the highest number of transactions, with 83 deals, according to Mercado.
Standard Bank recorded the highest financial trading volume among companies listed on the Angola Debt and Securities Exchange, BODIVA, during the 5 November session. The bank completed 73 transactions worth 665.6 million kwanzas, and its shares rose by 3.26%, Mercado reports.
Unitel, the Angolan telecommunications operator, recorded the highest number of transactions, with 83 deals worth 138.5 million kwanzas, but its share price fell by 0.88%. BFA, an Angolan bank, recorded 56 transactions worth 111.3 million kwanzas and posted the strongest rise among the companies mentioned, at 4.17%.
In the insurance sector, ENSA rose by 2.22% after 11 transactions worth approximately 483,000 kwanzas. The session illustrates the gap between the number of transactions and the amounts traded in listed shares, with Unitel leading in transaction volume and Standard Bank in financial value.
The session follows several movements on BODIVA, including the rise in Standard Bank Angola shares observed in October and the financing of 600 million kwanzas by Standard Bank Angola for tourism, announced on 31 October.
