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West Africa: BRVM Benchmark Index Holds Above 530 Points As Rally Eases

Africa 1 source 1 country 🔦 Under-reported 18m ago

The West African regional stock exchange, BRVM, maintained its position above the 530-point threshold during the trading week ending August 28. The benchmark BRVM Composite index saw a modest increase of 0.17%, closing at 530.06 points, following a period of significant market momentum in the preceding week.

Performance across the exchange's sub-indices was mixed. The BRVM 30 rose by 0.23% to 256.35, and the BRVM Principal index gained 0.49% to reach 384.70. Conversely, the BRVM Prestige index experienced a slight decline of 0.25%, reflecting a period of consolidation for the regional market as it holds near record-high levels.

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