The BRVM Composite Index

The BRVM Composite Index, also known as the “BRVM-Composite”, is a stock market index that tracks the performance of the top 10 companies listed on the Bourse Régionale des Valeurs Mobilières (BRVM) exchange, located in West Africa. The index is designed to provide investors with a benchmark for evaluating the performance of the most representative companies of the economy of the region, spanning over 8 countries such as Senegal, Ivory Coast, Burkina Faso, Guinea-Bissau, Mali, Niger, Togo and Benin.

The BRVM Composite Index is considered as the most important index of the BRVM exchange and is a valuable tool for investors looking to gain exposure to the overall performance of the West African economy. The index is calculated using a market capitalisation weighted methodology, meaning that the larger companies in the index have a greater impact on the overall index performance.

Investing in the BRVM Composite Index offers investors the opportunity to participate in the growth of the West African economy, which has been experiencing significant economic and political stability in recent years. With a growing population and increasing demand for goods and services, the economy of the region is poised for continued growth in the future.

The BRVM Composite Index is updated on a daily basis and is available for investors to track in real-time. The index is also available as an ETF, which allows investors to easily gain exposure to the West African economy through a single investment.

Overall, the BRVM Composite Index is a valuable tool for investors looking to gain exposure to the overall performance of the West African economy. It offers a diverse range of companies, easy access and daily updates, making it an attractive option for investors looking to tap into the growth potential of the region.