(Business in Cameroon) – The June 17, 2025, trading day closed with only one transaction on the Central African Stock Exchange (BVMAC). According to the official trading bulletin (BOC), just three shares of Société Camerounaise de Palmeraies (Socapalm) were exchanged, totaling 135,000 CFA francs at a unit price of 45,000 CFA francs.
The BVMAC bulletin indicated that investors had placed purchase orders for 40 shares in Socapalm, the Cameroonian subsidiary of Luxembourg-based Socfin, which specializes in palm oil and rubber production. However, it is likely that holders opted not to sell, possibly because purchase offers did not meet their asking prices. The exchange reported that “numerous buy and sell orders remain pending in the books of brokerage firms” on the equities market.
This sole trade on June 17 prevented BVMAC from recording another session with zero transactions. The BOC confirmed that no trades occurred on the bond market that day, signaling the persistent sluggishness that has characterized this sub-regional financial market for years.
To revitalize this long-dormant market, despite some recent progress, market experts are advocating a range of reforms. These include digitizing trading operations to broaden access, particularly for members of the diaspora, and splitting shares to allow small investors to seize opportunities on the exchange.
BRM
