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Regional stock exchange: Brvm remains in 6th place in Africa

16/01/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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During the greeting ceremony on Thursday, January 12, in Abidjan, the managing director of the Regional Securities Exchange (Brvm), Edoh Kossi Amenounvé, informed that the Brvm had consolidated its 6th place on the stock exchanges African in terms of market capitalization after the Johannesburg, Nigeria, Morocco, Egypt, and Kenya stock exchanges.

The BRVM, the stock exchange common to the 8 UEMOA states, ended 2022 with a positive indicator of trading volume. An increase of 3.02% was recorded with 255.22 million shares traded in 2022 against 247.73 million shares last year, for a value of 469.637 billion FCFA. A, the stock market capitalization is estimated at 7,560 billion FCFA, while that of the bond market jumps to 8,926.89 billion FCFA, an increase of 23.18% compared to 2021. For their part, the BRVM 10 index and the BRVM composite index recorded increases of 7.86% and 0.46%, respectively.

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