The Central Bank of West African States (BCEAO) analyzed the situation of the UEMOA stock market. In “Note de conjoncture économique” de juillet 2024, les activity indicators, there were upward trends at the level of the Regional Stock Exchange (Brvm)

La Bceao indique dans sa note que l' indice Overall, the Brvm Composite, strengthened by 2.0% compared to its value at the end of May 2024, to stand at 229.7 points. The Brvm 30 index increased by 1.6% compared to its value at the end of May 2024, to 114.6 points. For its part, as of July 19, 2024, the Brvm Composite index increased by 4.1% compared to its value at the end of June 2024. Likewise, the Brvm 30 index increased by 4.6% over the same period

The Brvm composite and Brvm 30 indices improved year-on-year by 15.8% and 15.1% respectively compared to the end of June 2023. The total market capitalization increased by 8.7% compared to the end of June 2023 to reach 19,125.8 billion. It should be noted that this increase in indices was driven by the strengthening of branches such as, “Public Services”: +22.5%, “Finances”: +17.9% and “Industry”: +10.5%, weakened by the “Agriculture” branches: -28.3%, “Agriculture”: -28.3%, “Transport”: -28.3%, “Transport”: -17.1% and “Distribution”: -8.7%