The Regional Securities Exchange (Brvm) recorded 246 billion CFA francs in transaction value in 2020, compared with 136 billion francs in 2019, an increase of 80%.

Dr. Edoh Kossi Amenounve, Director General of the Regional Securities Exchange (Brvm) and the Central Depository/Settlement Bank (Dc/Br), provides a satisfactory assessment of the 2020 activities of the two central structures of the UEMOA regional financial market. This, “despite the global health crisis linked to Covid-19 and the unprecedented fall in global economic growth caused by the measures taken to contain this pandemic.

In 2020, the Brvm recorded “246 billion CFA francs in transaction value compared to 136 billion francs in 2019, an increase of 80%, 46 listed companies with a market capitalization of 4,367 billion CFA francs, 80 bond lines with a capitalization of 6,051 billion CFA francs, 3 sukuks listed, 328 thousand 096 securities traded on average daily, 980.24 million CFA francs. Transacted on a daily average.” In addition, “an average Per (Price Earning Ratio) of 10.03 and a liquidity ratio of 3.60%

As for Dc/Br, it posted, according to the press release, “a total conservation of 10 thousand 961 billion CFA francs, an increase of 15% compared to 2019, and Securities Events (Esv) of 1,055 billion CFA francs, an increase of 24% compared to 2019.” In addition to market activities, 2020 was rich in strategic actions for Brvm and Dc/Br, said Dr Amenounve. The objectives of these actions, he said, 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”, but also “to strengthen the involvement of the Brvm in Rse values and to promote the market

The CEO of these financial market structures was therefore delighted with the market's ability to support states and the private sector in meeting their financing needs in critical situations such as the one caused by the Covid-19 pandemic

With regard to the outlook, the boss of Brvm and Dc/Br announced that these two structures will continue their development actions by increasing the stock market by attracting new securities and giving priority to the exit of private equity funds, the launch of group bond issues (basketball bonds) for SMEs, the launch of studies to set up a derivatives market, and the acceleration of digitalization market operations and services, the study for the establishment of a regional data center to strengthen the business continuity system, etc. Even if some concerns remain, Dr. Edoh Kossi Amenounve remains optimistic about the evolution