Yesterday, the managing director of the Regional Securities Exchange (Brvm) and the Central Depositor/Settlement Bank (Dc/Br) presented an overview of the 2020 activities of the two central structures of the UEMOA regional financial market and their 2021 outlook via videoconference.

Dr. Edoh Kossi AMENOUNVE revealed that in 2020, in addition to the fall in the indices recorded, the value of transactions reached 246 billion FCFA compared to 136 billion FCFA in 2019, an increase of 80%; 46 listed companies, for a market capitalization of 4,367 billion FCFA; 80 bond lines for a capitalization of 6,051 billion FCFA.

Also, according to Mr. AMENOUNVE, the Stock Exchange recorded 3 Sukuks listed; 328,096 securities traded on average daily; 980.24 million FCFA traded on average daily; an average PER of 10.03 and a liquidity ratio of 3.60%.

As for the Dc/Br, the Brvm press release states that it recorded a total preservation of 10,961 billion FCFA, an increase of 15% compared to 2019, and Securities Events (ESV) of 1,055 billion FCFA, an increase of 24% compared to 2019.

“The year 2020 was rich in strategic actions for Brvm and Dc/Br”

In addition to market activities, 2020 was rich in strategic actions for Brvm and Dc/Br, indicated Dr AMENOUNVE. For whom the objectives of these actions were to promote SMEs' access to the Market, to develop strategic partnerships, to improve the stock market culture of the population, to promote the ability of the Brvm to provide technical assistance, to strengthen the involvement of the Brvm in CSR values and finally to promote the

The CEO of Brvm and Dc/Br remains optimistic about the evolution of the financial markets in 2021

With regard to the outlook, the managing director of Brvm and Dc/Br announced that the two structures will continue their development actions by increasing the stock market by attracting new securities and by giving priority to the exit of Private Equity funds, the launch of group bond issues (basketball bonds) for SMEs.

him, their perspectives also include the launch of studies for the establishment of a derivatives market, the acceleration of the digitalization of market operations and services, the study for the establishment of a regional datacenter to strengthen the business continuity system, etc. “Even if some concerns remain, Dr. Edoh Kossi AMENOUNVE, Director General of Brvm and Dc. /Br remains optimistic about the evolution of financial markets in 2021,” the press release finally reports