The BRVM (Bourse Régionale des Valeurs Mobilières) has seen notable activity this week, with two key stocks demonstrating significant upward price movements. Sucrivoire Côte d’Ivoire (SCRC) led the charge, recording an impressive +18.61% gain over the last 7 days, closing at XOF 3920. This substantial movement positions SCRC as a top performer within the regional…
Bridge Bank Group Côte d’Ivoire launched an initial public offering on the BRVM, offering 10 million shares at 6,750 CFA francs each in one of the regional exchange’s largest listings in recent years. The sale represents 20% of the bank’s capital and is expected to raise 67.5 billion CFA francs, or about $118 million. The…
Daba Finance Weekly Market Digest: June 29 – July 05 African financial markets concluded the week of June 29 to July 05 with a notably constructive tone, highlighted by continued rallies and significant growth across several exchanges. The BRVM Composite Index specifically recorded an impressive gain of +2.2%, nearing the 460-point mark and demonstrating sustained…
Bourse Régionale des Valeurs Mobilières has revised the composition of its benchmark BRVM 30 index following its quarterly review, according to a notice published on April 1. The exchange added 4 companies to the index: Coris Bank International BF, Nei-Ceda CI, Eviosys Packaging Siem CI, and Setao CI. The changes reflect adjustments based on market…
The BRVM posted its seventh consecutive weekly gain, supported by dividend season flows and rising trading activity. The Composite index rose 3.81% to 417.71 points. The BRVM 30 gained 3.99% to 194.81 points, while the Prestige added 3.39% to 164.82 points. More than 11.36 million shares were traded during the week for a total value…
