1. A Unique Integrated Regional Exchange
The BRVM serves 8 member nations sharing a single currency (CFA Franc): * Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. It represents a completely electronic, decentralized, and seamless regional capital market.
2. Market Segments
The exchange is structured into distinct market segments: * Prestige Segment: Flagship large-cap companies demonstrating rigorous corporate governance and liquidity. * Main Segment: Well-established mid-to-large cap corporations. * Growth Segment: High-potential SMEs seeking expansion capital. * Bond Market: Sovereign government issuances and corporate debt securities.
3. Key Market Benchmarks
Key indices track the overall performance of the regional market: * BRVM Composite: Reflects all listed companies across the exchange. * BRVM 30: Comprises the 30 most active and liquid stocks. * BRVM Prestige: Tracks the exclusive performance of top-tier Prestige segment stocks.
4. How to Invest in the BRVM?
To buy or sell equities and bonds on the BRVM, domestic and international investors must open a securities account through an authorized brokerage firm known as a SGI (Société de Gestion et d'Intermédiation) regulated by AMF-UMOA.