[ 1 USD = 629,304 XOF] Despite the regional and international economic context marked by several disruptions since COVID-19 and a fierce fight against inflation, the Abidjan Regional Stock Exchange (BRVM), a financial center common to the eight countries of the Economic Union and Monétaire Ouest Africaine (UEMOA) is experiencing continued growth in its market capitalization, reflecting the resilience and growing attractiveness of the financial market for regional and international investors.
Indeed, the BRVM closes the year 2024 with a record capitalization of the stock market which goes from 7,966.96 billion (end of 2023) to 10,078.68 billion CFA Francs, an increase of 26.51% and a gain of 2,111.72 billion in one year. The capitalization of the bond market, for its part, increased by 2.23% to 10,532.37 billion CFA francs compared to 10,302.28 billion at the end of last year, which reflects an improvement in the contribution of the Stock Exchange to the long-term financing of WAEMU economies.
This positive development in the overall market capitalization reinforces the weight of the BRVM in the regional economy, i.e. approximately 15.12% of GDP whereas it represented only 9.17% in 2012.
Regarding the indices, the BRVM Composite increased by 28.89%, one of its best performances over the last 10 years (2014: +11.23%; 2021: +39.15%; 2024: + 28.89) as of December 31.
Regarding the value of transactions, it is up 16.19% compared to the 2023 level, confirming strong activity by investors and their intermediaries (SGI and SGO) on our secondary market.
Market dynamics are accompanied by an innovation strategy led by the BRVM with the introduction of the BRVM Composite Total Return index in 2025, which marks a significant step forward, making it possible to integrate dividends paid into the calculation of performance. . This innovation provides portfolio managers with a new management tool and offers investors a more global perspective of the profitability of companies listed on the BRVM.
In addition, the revision of the sectoral classification and the creation of new indices constitute another key step in the modernization of our Regional Stock Exchange. They provide better clarity of performance by sector and facilitate strategic analyzes for investors, in line with developments in the regional and international economy.
At the end of 2024, the BRVM consolidated its position as the 5th stock exchange on our continent, behind Johannesburg, Casablanca, Lagos and Cairo.
With an IPO (Initial Public Offering) completed and a second already launched the same year, the BRVM is reaping a good harvest among its peers on the continent.
Finally, according to the available indicators, the stock markets throughout the world have once again shown that they remain the barometer of the economy and above all a good indicator of investor morale.
2025 looks good with ongoing projects on the derivatives and commodities markets as well as new operations and innovative products announced.
A big thank you to all those (States of the Union, AMF-UMOA, SGI, SGO, BTCC, Issuers, Listed Companies, Institutional and Individual Investors) who ardently contributed to this success under the leadership of governance and management of the BRVM. www
