(Business in Cameroon) – The Central African Stock Exchange (BVMAC) recorded 114 transactions in Q4 2024, the Central Bank Beac reported. The institution noted that just five of these transactions, accounting for 4.39%, were in the bond market. The remaining 109 transactions, or 95.6%, were in the equity market.
Despite the small number of bond trades, the bond sector played a key role in driving market activity during the reviewed period. The total volume and value of bond transactions were significantly higher compared to equities. In total, 139,040 bond units were exchanged, with a value nearing CFA1.2 billion. This amounted to 87.7% of the total market value for the period. On the equity side, only 4,537 shares changed hands, worth CFA165.6 million, or 12.2% of the total value.
The market’s activity was mainly fueled by shares from companies like Socapalm (palm oil and rubber), Safacam (palm oil), La Régionale (banking services), Semc (mineral water), and SCG-Ré (insurance). For bonds, the key players were government-issued bonds from Cameroon (ECMR8, ECMR10), Gabon (EGA07), Chad (ETD01), and the BEAC (EBD03), which dominated the bond market’s dynamics.
