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BRVM: An excellent vintage for the 2021 stock market year

03/01/2022
Categories: Index/Markets

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The Regional Stock Exchange (BRVM) set new records this year by crossing the threshold of CFAF 6000 billion in equity market capitalization. The year 2021 has been prosperous for the Regional Stock Exchange (BRVM).

As of December 31, 2021, the capitalization of the stock market of the eight countries of the West African Economic and Monetary Union (UEMOA) stood at 6085.4 billion CFA francs. At the same time, that of the bond market reached 7,247 billion CFA francs, i.e. annual increases of 39.33% and 19.76% respectively. The BRVM 10 index closes the year up 17.29% and the BRVM Composite up 39.15% compared to 2020, confirming the upward cycle that began in the first months of 2021, breaking the trend decline observed since 2016. The value of transactions is estimated today at 722 billion CFA francs, an increase of 293% compared to the year 2020. In the same dynamic, the Central Depository / Settlement Bank (DC / BR) in the regional financial market also saw a significant increase in its activities. These are quantified, according to the BRVM, at 13,830 billion CFA francs of assets under custody, up 26% compared to 2020.

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