• Index Value107.74
  • Today's Change0.03 / 0.03%
  • 1 Year change11.43%
  • 52 week range92.14 - 107.74
Last Updated: May 23, 2024 - End of day quote

The BRVM Principle Index Profile

The BRVM Principle Index, also known as the “BRVM Principle”, is the main stock market index of the Bourse Régionale des Valeurs Mobilières (BRVM) exchange, located in West Africa. The index tracks the performance of the top companies listed on the BRVM exchange, spanning over 8 countries such as Senegal, Ivory Coast, Burkina Faso, Guinea-Bissau, Mali, Niger, Togo and Benin.

The BRVM Composite Index is a valuable tool for investors looking to gain a broad exposure to the West African stock market. It is calculated using a market capitalization weighted methodology, meaning that the larger companies listed on the BRVM exchange have a greater impact on the overall index performance. The index is designed to provide investors with a benchmark for evaluating the performance of the top companies listed on the BRVM exchange.

Investing in the BRVM Composite Index offers investors the opportunity to participate in the growth of the West African stock market, which has been experiencing significant growth in recent years. With a growing population and increasing demand for goods and services, the West African economy 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. It is also available as an ETF, which allows investors to easily gain exposure to the West African stock market through a single investment.

Overall, the BRVM Composite Index, also known as the BRVM Principle Index, is a valuable tool for investors looking to gain a broad exposure to the West African stock market. 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 West African economy.