The composite index of the regional stock exchange BRVM, based in Abidjan, closed at 534.74 points on October 26, 2.8% above its October 21 close, the exchange said in its official daily bulletin. The index had fallen 4.9% from October 9 to October 21 but stood 54.7% higher than at the start of the year. Equity market capitalization rose to 20,970bn FCFA (€32.0bn) from 20,402bn FCFA (€31.1bn) on October 21.
Analysis: The recovery restored roughly 567bn FCFA (€865mn) in market capitalization, more than half of the 1,043bn FCFA (€1.59bn) lost between October 9 and 21, by our calculation. The exchange did not explain the decline or rebound, and there is insufficient evidence to attribute them to profit-taking. The moves followed new listings, including Bridge Bank Group Côte d'Ivoire, whose July share offer attracted more than 17,000 subscribers. Trading in Sonatel following its October 26 share split may provide another indication of demand from smaller investors, but does not explain the earlier market moves.
Source: BRVM, BRVM website, market activity panel (on news page 'Première cotation Bridge Bank Group CI'), Latest session before 22 Oct 2026 (likely 21 Oct 2026); Various, AllAfrica market report, BRVM session of 9 Oct 2026, Session of 9 October 2026; BRVM, BRVM, 'Indices' page (last update Monday, October 26, 2026, 22:45), Session of October 26, 2026; BRVM, BRVM, Bulletin officiel de la cote No. 203, Monday, October 26, 2026 (PDF), Year to October 26, 2026; BRVM, BRVM news page on the listing of Bridge Bank Group Côte d'Ivoire, with market panel (read 22 Oct 2026), Latest session before 22 October 2026 (21 October 2026) and IPO, July 2026; Various, Lejecos (Le Journal de l'Economie Sénégalaise) via AllAfrica, BRVM session report, 9 Oct 2026, Session of 9 October 2026; Various, African Markets, 'Bridge Bank clôture en un jour son IPO de 67,5 milliards FCFA à la BRVM' (22 Jul 2026), IPO, July 2026