Africa's Stock Markets Are Booming. But Currency Woes Dampen Allure
Weak African currencies erode equity returns for dollar investors, dimming the continent's appeal as a frontier market destination. The BRVM offers a compelling alternative.
1M | 3M | YTD | 1Y | 2Y |
+2.80% | +13.59% | +26.59% | +30.32% | +34.28% |
Value Traded (FCFA) 958,499,123.00 |
Volume 92,524 |
Transactions - |
Market Cap. (Millions FCFA) 9,735,565.88 |
Weak African currencies erode equity returns for dollar investors, dimming the continent's appeal as a frontier market destination. The BRVM offers a compelling alternative.
At the midpoint of 2024, the Bourse Régionale des Valeurs Mobilières (BRVM) has shown resilience and growth, solidifying its position as a key player in Africa’s financial landscape.
The west African regional Exchange Bourse Régionale des Valeurs Mobilières (BRVM) has started the year 2023 with new compartments on its Equity market ("Prestige", "Principal" and "Croissance") and two new stock market indices ("BRVM 30" and "BRVM Prestige").
This Friday, December 30, 2022 took place in Abidjan the ceremony of the first quotation of the Company ORANGE CÔTE D'IVOIRE at the Regional Stock Exchange (BRVM), under the presidency of Adama COULIBALY, Minister of Economy and Finance of Côte d'Ivoire, in the presence of the authorities and actors of the Regional Financial Market of the WAEMU.