Luanda: A total of 2.074 billion kwanzas was traded on Angola's equity market between 10 and 14 August, through 1,465 transactions, representing a 52.9 per cent decline compared with the previous week. The transactions involved 38,799 shares of listed companies.
According to Angola Press News Agency, during the period under review, Unitel led trading, accounting for 47 per cent of the total value traded, equivalent to 974.9 million kwanzas, followed by BFA, with 552.1 million kwanzas, or 26.62 per cent.
Data from the Angola Debt and Securities Exchange (BODIVA) revealed that BAI recorded 351.5 million kwanzas in trading, representing 16.95 per cent of the transactions carried out.
In terms of share-price performance, Unitel recorded the largest weekly increase, rising by 2.43 per cent to 39,702 kwanzas per share, while BODIVA posted a slight increase of 0.02 per cent to 85,700 kwanzas per share.
The remaining companies, as stated by the operator of Angola's regulated securities markets, recorded negative performances. Banco Caixa Angola registered the largest decline, at 4.65 per cent, followed by ENSA at 4.64 per cent, while BAI and BFA fell by 3.48 per cent and 1.86 per cent, respectively.
The reduced share of BFA and increased participation by BAI contributed to a slightly more diversified distribution of financial turnover during the week.
At the close of the first two weeks of the month, BODIVA's equity market posted a predominantly negative performance, with five of the six listed companies recording declines.
The largest fall was recorded by ENSA, at 19.13 per cent, followed by Banco Caixa Angola at 12.74 per cent, BAI at 7.14 per cent and BFA at 5.74 per cent, while Unitel, which was listed on 29 July, recorded a cumulative decline of 1.82 per cent.
In contrast, BODIVA was the only listed entity to record positive growth, rising by 3.22 per cent to 85,740 kwanzas per share.
