The day’s clearest message on the BRVM stock exchange today came from a sharp divergence: the BRVM Composite fell 0.94% to 524.52 points, yet the Industrials index rose 1.77% to 212.69 points. In a market where broad weakness usually drags most sectors lower, CFAO Motors Côte d’Ivoire and PALM Côte d’Ivoire stood out with 1.4% gains each, showing that selective buying is still active in the West Africa stock market.
Verified market data show the selloff was broad, but not indiscriminate: 10 stocks rose, 15 fell and 22 were unchanged out of 47 listed names. That matters because it points less to panic and more to rotation. The BRVM-30 slipped 0.84% to 254.01 points, the BRVM Principal lost 0.24% to 370.16 points, and the BRVM Prestige dropped 1.00% to 194.26 points. Against that backdrop, industrial names managed to attract bids even as heavyweight sectors weakened.
Key figures
- BRVM Composite: 524.52 points (-0.94%)
- BRVM Industrials: 212.69 points (+1.77%)
- CFAC: 1,450 XOF (+1.4%)
- PALC: 7,500 XOF (+1.4%)
- Public Services: 229.36 points (-6.44%)