Aug 23, 2026 · 9 min · 9 segments
The BRVM delivered a historic week as the Composite crossed 500 points for the first time and equity market capitalization moved above 20 trillion CFA francs. We break down the strongest-performing…
Let's start with the good news.
That is a new all-time high.
And there was a second major record.
The total value of shares listed on the BRVM crossed 20 trillion CFA francs for the first time.
Equity market capitalization now stands at approximately 20.405 trillion CFA francs.
Why does that matter for investors? Because a rising market capitalization means the combined value of listed companies is increasing.
Over time, a larger market can attract more institutional capital from pension funds, asset managers, and international investors.
The total value of transactions also jumped by 36.20%, reaching about 15.29 billion CFA francs.
But there is an interesting detail.
The actual number of shares traded fell by 8.26%.
In other words, fewer shares changed hands but at a much higher total value.
That suggests trading activity was increasingly concentrated in higher-value stocks and some of the market's largest companies.
Sonatel was the most actively traded stock, with more than 2.13 billion CFA francs in transactions.
BIC Benin and Société Générale Côte d'Ivoire were also among the most heavily traded names.
And importantly, the rally was broad.
30 stocks gained during the week, compared with 17 that declined.
Now let's look at the top stocks of the week.
CIA Cote d'Ivoire led the market with a 25.11% gain.
The stock ended at 6,900 CFA francs after reaching 7,090 CFA francs during the week.
That move was part of a remarkable week for utilities, which gained almost 20% as a sector.
Univax came in second.
The stock climbed 23.25% to close at 2,465 CFA francs.
Let's start with the good news.
That is a new all-time high.
And there was a second major record.
The total value of shares listed on the BRVM crossed 20 trillion CFA francs for the first time.
Equity market capitalization now stands at approximately 20.405 trillion CFA francs.
Why does that matter for investors? Because a rising market capitalization means the combined value of listed companies is increasing.
Over time, a larger market can attract more institutional capital from pension funds, asset managers, and international investors.
The total value of transactions also jumped by 36.20%, reaching about 15.29 billion CFA francs.
But there is an interesting detail.
The actual number of shares traded fell by 8.26%.
In other words, fewer shares changed hands but at a much higher total value.
That suggests trading activity was increasingly concentrated in higher-value stocks and some of the market's largest companies.
Sonatel was the most actively traded stock, with more than 2.13 billion CFA francs in transactions.
BIC Benin and Société Générale Côte d'Ivoire were also among the most heavily traded names.
And importantly, the rally was broad.
30 stocks gained during the week, compared with 17 that declined.
Now let's look at the top stocks of the week.
CIA Cote d'Ivoire led the market with a 25.11% gain.
The stock ended at 6,900 CFA francs after reaching 7,090 CFA francs during the week.
That move was part of a remarkable week for utilities, which gained almost 20% as a sector.
Univax came in second.
The stock climbed 23.25% to close at 2,465 CFA francs.
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