On March 12, 2025, the Central African Stock Exchange experienced no trades despite over 3,000 shares being offered, reflecting weak investor enthusiasm. Key companies like Socapalm, SEMC, and Safacam saw substantial unsold shares. Market analysts attribute this to cautious investor sentiment triggered by a large volume of shares available for sale amid solid company performance.
On March 12, 2025, no trades occurred at the Central African Stock Exchange (BVMAC), despite a substantial offering of over 3,000 shares, including more than 1,000 from Cameroon-based companies. The inability to sell these shares reflects a significant trend in the market, indicating investor hesitation despite the companies’ solid financial performance.
Particularly noteworthy is Socapalm, the leading palm oil producer in Cameroon and a subsidiary of the Luxembourg-based Socfin Group, which had 544 shares unsold. Other companies facing similar issues include SEMC, with 282 shares unsold, Safacam with 80 shares, and La Régionale Bank, which had 212 unsold shares.
The Bulletin of the Central Exchange (BOC) highlighted that although there were buy and sell offers for shares of Safacam, Socapalm, and SEMC, none of these transactions were executed due to the disparity between buying and selling prices. Demand appeared weak, with only 132 shares sought in contrast to the 1,118 shares available, indicating a lack of interest from investors.
Market analysts have noted that a high volume of shares from profitable companies listed for sale can evoke caution among investors. A significant sell-off may be misconstrued as a negative signal, prompting potential buyers to refrain from making purchases, further contributing to the observed apprehension in the market.
The recent trading session at BVMAC highlighted significant challenges in attracting buyers, despite the strong performance of several companies. The lack of completed transactions, combined with a stark contrast between supply and demand, underscores a prevailing caution among investors. Analysts suggest that large offerings from profitable firms may inadvertently signal trouble, deterring potential buyers from entering the market.
Original Source: www.businessincameroon.com
