BICI Bourse organizes on November 06, 07 and 08, 2019, at the Maison de l'entreprise du Plateau in Abidjan, the first edition of > < the "Analysts Days". These days aim to connect certain companies listed on the Regional Stock Exchange (BRVM), financial analysts producing financial information for the regional and foreign investor community as well as the financial directors/treasurers of certain institutional investors in the market.

According to the Chief Executive Officer (CEO) of BICI Bourse, N'Koumo-Mobio Eric, during the Analysts Days, financial analysts and institutional investors have the opportunity to meet with the management of companies to refine their appreciation of listed securities. It is also a question for companies to communicate about their activity to "market makers" (market players) and major contractors. "The Analyst Days" contribute essentially to improving the information efficiency of the market. It's good that we can always give the bank's exact trends (information) to everyone who comes with it in time," he said.

In this vein, the BRVM's Director of Operations, Hermann Traoré, highlighted the absence of financial information on the market, which reduces its efficiency and makes it unattractive. He insisted on the fact that the availability of this information is essential in improving the reputation of the issuer and its positioning. According to the representative of the BRVM, a good financial communication policy leads to the shareholding of companies and their valuation. According to expert Herman Traoré, financial information appears to be a resource, must be clear and accessible to analysts whose recommendations are followed by institutional investors.

Another intervention, that of the president of the Club of Listed Companies, Aka Krougba, allowed him to reveal that from 2016 to date, the market is in free fall. He said that the two characteristic indices of the market indicate that the stock exchange has almost lost half of its value. "In this detail, it is clear that if the main index (BRVM composite) of the market has lost 51.74% of its value, the 2nd index that can be called "qualified index" has lost 48.77%," he said.