The Regional Stock Exchange (BRVM) closed this week on a positive note, marked by a 0.55% increase in the BRVM Composite index, which stood at 313.1 points, compared to 311.4 the previous week according to the weekly bulletin from SGI FGI. However, the BRVM 30 and BRVM Prestige indices recorded declines of 0.85% to 151.49 points and 1.30% to 129.27 points, respectively. This upward trend was supported by the “Industry” (+10.08%), “Agriculture” (+2.66%), “Transport” (+2.13%), “Distribution” (+1.91%), and “Other Sectors” (+0.13%). On the other hand, the “Public Services” (-1.36%) and “Finance” (-0.81%) sectors exerted negative pressure on the market.
Stock market activity exploded this week, with a volume of 19,395,776 shares traded, up 645.91% from the previous week (2,600,290 shares). Ecobank Transnational Incorporated TOGO (ETI TG) dominated the market, accounting for 90.39% of the traded volume. In value, transactions reached 8.90 billion CFA francs, up 54.28% from the 5.77 billion CFA francs recorded the previous week.
In terms of the most traded stocks by volume, BOA Benin surpassed Sonatel and took the top spot with 46.44% of transactions representing approximately 4.1 billion CFA francs, compared to 1 billion traded on the Senegalese operator’s stock. Among individual performances, UNILEVER CI stood out with the highest weekly increase (+43.37%), while BOA Niger recorded the largest decrease (-4.66%). Overall, 23 stocks advanced, 16 declined, and 8 remained stable.
As for the bond market, the BRVM recorded a market capitalization of 10,555.44 billion CFA francs, representing 46.65% of the market’s total capitalization (22,627 billion CFA francs) as of August 1, 2025, down 0.98% from the previous week. The “ORAGROUP SA 7.15% 2021-2028” bond emerged as the most active, accounting for 81.96% of transactions, amounting to 219.19 million CFA francs, compared to 5.86 billion CFA francs the previous week, marking a 21.56% decline.
Public securities market
The public securities market experienced a significant decrease, with 98 billion CFA francs raised this week, compared to 294.74 billion the previous week, a decrease of 66.47%. The State of Burkina Faso dominated the market with 44.39% of funds raised. The instruments issued mainly concerned Treasury Bills and Treasury Bonds issued by Côte d’Ivoire, Burkina Faso, and Guinea-Bissau. The weighted average yield of the market reached 8.16%, compared to 7.54% the previous week, with the highest yield offered by Guinea-Bissau at 9.54%. The yields of Treasury Bonds and Treasury Bills increased to 8.18% and 8.12%, respectively. Furthermore, the average coverage ratio of operations increased significantly, reaching 184.35% compared to 117.33% the previous week, reflecting strong investor interest in public securities.
