The West African Regional Stock Exchange (BRVM) shed CFAF325.37 billion in equity market capitalization on Thursday, 5 November 2026. The market value of listed shares fell from CFAF20,724.93 billion the previous day to CFAF20,399.56 billion at the close, while the BRVM Composite index declined 1.57% to 520.20 points.

The decline was sharper than Wednesday’s 0.17% drop, when the Composite finished at 528.49 points. Other regional benchmarks also fell on Thursday. The BRVM 30 lost 1.73% to close at 251.61 points, while the BRVM Prestige slipped 2.09% to 193.88 points.

Sonatel, Ecobank and LNB among the decliners

Sonatel shares dropped 4.59%, while Ecobank Côte d’Ivoire lost 4.26%. Benin’s national lottery operator, Loterie nationale du Bénin (LNB), declined 5.38%. The largest percentage falls included SETAO Côte d’Ivoire (-7.50%), Africa Global Logistics Côte d’Ivoire (-7.44%) and NEI-CEDA Côte d’Ivoire (-7.32%).

Some stocks bucked the decline. Sicable Côte d’Ivoire rose 6.99%, Compagnie ivoirienne d’électricité gained 3.92% and Servair Abidjan advanced 3.51%. Those gains came in a session in which the exchange’s main index still finished lower.

Trading value rises despite weaker share prices

The BRVM reported a total transaction value of CFAF2.19 billion on Thursday. Wednesday’s official market bulletin recorded CFAF1.44 billion in equity trades and CFAF3.67 million in bond trades, putting total transactions for that earlier session at approximately CFAF1.44 billion.

The bond market moved in the opposite direction to equities in terms of capitalization. Outstanding listed bonds had a market value of CFAF13,447.43 billion on Thursday, compared with CFAF13,440.08 billion on Wednesday, according to the exchange’s published figures.