Sep 13, 2026 · 10 min · 11 segments
Since our last episode, a lot has happened at Daba. Daba has partnered with Nigeria’s Coronation Group, launched NGX investing on the platform, and opened access to the Dangote Refinery IPO for…
Because there were some strong winners, starting with the BRVM, the BRVM composite rose by 1.25% over the week to close at 555.48 points.
The BRVM30 also advanced by 1.42%.
That continued strength pushed the equity market's capitalization higher by 1.25%.
There is an important detail beneath those headline gains.
20 stocks advanced, while 25 declined and 2 were unchanged.
So, although the main index rose, the rally was not broad-based.
For investors, that means stock selection remains important.
A rising index does not necessarily mean every company is participating in the move.
Trading volume increased by 2.99%, while the total value traded fell by 4.38%.
In simple terms, more shares changed hands, but less money was exchanged overall, suggesting activity was tilted towards smaller or lower-priced transactions.
rising 11.72% to 7,150 francs CFA per share.
The report links that move to expectations of favorable half-year results following a solid first quarter.
Orange Cote d'Ivoire rose 6.85% to 22,450 francs CFA, while Vivo Energy Cote d'Ivoire gained 6.25% to close at 2,550 francs CFA.
Because there were some strong winners, starting with the BRVM, the BRVM composite rose by 1.25% over the week to close at 555.48 points.
The BRVM30 also advanced by 1.42%.
That continued strength pushed the equity market's capitalization higher by 1.25%.
There is an important detail beneath those headline gains.
20 stocks advanced, while 25 declined and 2 were unchanged.
So, although the main index rose, the rally was not broad-based.
For investors, that means stock selection remains important.
A rising index does not necessarily mean every company is participating in the move.
Trading volume increased by 2.99%, while the total value traded fell by 4.38%.
In simple terms, more shares changed hands, but less money was exchanged overall, suggesting activity was tilted towards smaller or lower-priced transactions.
rising 11.72% to 7,150 francs CFA per share.
The report links that move to expectations of favorable half-year results following a solid first quarter.
Orange Cote d'Ivoire rose 6.85% to 22,450 francs CFA, while Vivo Energy Cote d'Ivoire gained 6.25% to close at 2,550 francs CFA.
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