Daily recaps
What happened in every BODIVA session, written by AI from the trades, the order book, the IGAB and the day's news.
Unitel falls as the IGAB retreats
Unitel reversed its previous session's rise, while Standard Bank of Angola ended almost unchanged with demand ahead of supply. Both closing prices require caution because very small trades set them.
Unitel rises 18.6% and leads the equity session
Unitel rose 18.6%, with meaningful volume and a break above the high of the previous 20 sessions, although the close still needs confirmation. Standard Bank Angola fell 2.0% after a close set by just 1 share, while the IGAB rose 1.4%.
BODIVA breaks 98,000 Kz as BAI reaches a new high
BODIVA broke above the 98,000 Kz level held over the previous 20 sessions, while Banco Angolano de Investimentos also reached a new high. BODIVA had the more meaningful close.
Shares in Banco Angolano de Investimentos rise 2.7% on 345 million Kz traded
Banco Angolano de Investimentos, S.A led the session with 345 million Kz traded and a 2.7% gain, although few shares set the close. Standard Bank also rose, while the IGAB recovered 0.14%.
Standard Bank falls 2.9% with close below session average
Standard Bank Angola led the decline, but only 60 shares set its closing price. Participation also weakened, while bonds concentrated most of the money traded.
Standard Bank rises 3.0%, but the close remains weak
The Standard Bank of Angola led the session with 228 million Kz traded and a 3.0% gain, although its closing trade was too small to provide a firm price reference. Bonds drove total market turnover to 10.1 billion Kz.
Standard Bank Angola rises 3.1% on 296 million Kz traded
Standard Bank Angola led the session with a 3.1% rise and 296 million Kz traded, but the close of only 33 shares was below the session average. BODIVA also advanced, while the IGAB declined.
SBA falls 16.8% on 3.61 billion Kz in turnover
SBA was the session's main focus, falling 16.8% to 65,000 Kz on 3.61 billion Kz in turnover. The move had significant volume behind it, but the close set by only 8 shares was below the session average, while the IGAB fell 1.85%.
SBA rises 25% on 512 million Kz traded
Standard Bank Angola dominated the session, rising 25% on 512.3 million Kz in turnover, although the close set by 1 share is a weak reference. The IGAB also advanced 2.02% to 1,041.20 points.
SBA debuts as BDVA breaks its 20-session high
The SBA debut and BDVA's rise are the moves to watch. The new bank generated 379.8 million Kz in turnover, while BDVA moved above its 20-session high, although its close was below the session average.