The Director General of the Regional Stock Exchange (Brvm) and the Central Depository/Settlement Bank (Dc/Br), yesterday presented the 2020 activities of the two central structures of the WAEMU regional financial market as well as their 2021 prospects by videoconference.

Dr. Edoh Kossi AMENOUNVE revealed in this sense that the Brvm in 2020, in addition to the decline in the indices recorded, it is 246 billion FCFA of value of transactions against 136 billion FCFA in 2019, an increase of 80%; 46 listed companies, for a market capitalization of CFAF 4,367 billion; 80 bond lines for a capitalization of 6,051 billion FCFA.

Also, according to Mr. AMENOUNVE, the Stock Exchange recorded 3 listed Sukuk; 328,096 securities traded on a daily average; 980.24 million FCFA traded on a daily average; an average PER of 10.03 and a liquidity ratio of 3.60%.

As for the Dc/Br, the Brvm press release confides that it has recorded a total conservation of 10,961 billion FCFA, an increase of 15% compared to 2019 and Events On Values (ESV) of 1,055 billion FCFA, up 24% compared to 2019.

"The year 2020 was rich in strategic actions for brvm and dc/br"

In addition to market activities, 2020 was a year rich in strategic actions for Brvm and Dc/Br, said Dr AMENOUNVE. For whom the objectives of these actions were to promote SMEs' access to the market, to develop strategic partnerships, to improve the stock market culture of the populations, to promote the Brvm's ability to provide technical assistance, to strengthen the Brvm's involvement in CSR values and finally to ensure the promotion of the market. e.

The CEO of Brvm and Dc/Br remains optimistic about the evolution of the financial markets in 2021

On the point of prospects, the CEO of Brvm and Dc/Br announced that the two structures will continue their development actions by broadening the listing with the attraction of new stocks and by favoring the exit of Private Equity funds, the launch of group bond issues (basket bonds) for SMEs.

According to him, they also have as prospects the launch of studies for the establishment of a derivatives market, the acceleration of the digitalization of market operations and services, the study for the establishment of a regional datacenter to strengthen the continuity system. "Even if some fears remain, Dr. Edoh Kossi AMENOUNVE, Director General of Brvm and Dc/Br remains optimistic about the evolution of the financial markets in 2021," the statement said.