Navigating the BRVM: A Guide to the Official Quotation Bulletin and Key Market Documents
For investors and financial professionals tracking the West African Economic and Monetary Union (WAEMU) region, the BRVM Official Quotation Bulletin (Bulletin Officiel de la Cote – BOC) is an indispensable daily resource. The bulletin for December 15, 2025, provides a critical snapshot of market activity, but its true value lies in knowing how to interpret it and leverage the related data. This guide expands on the core documents to transform raw data into actionable market intelligence.
What is the BRVM Official Quotation Bulletin?
The BOC is the official daily record of the Bourse Régionale des Valeurs Mobilières (BRVM), the regional stock exchange serving eight West African nations. It is far more than a simple price list. It is a legally binding document that provides:
- Official Closing Prices: The definitive reference price for all listed equities, bonds, and other securities.
- Trading Volume and Value: Insights into market liquidity and investor interest in specific stocks.
- Market Indices: Performance of key benchmarks like the BRVM 10, BRVM Composite, and sectoral indices.
- Corporate Actions: Official notices regarding dividends, capital increases, and other significant events.
Accessing the bulletin directly from the source ensures data integrity. You can find the official bulletin for any trading day via the BRVM’s financial portal: https://bfin.brvm.org/boc/boc_jour.aspx.
Beyond the Bulletin: Essential Related Documents for Deeper Analysis
To build a comprehensive market view, savvy analysts cross-reference the BOC with other key publications. The December 15th release is accompanied by two vital documents:
1. The Dividend Payment Schedule
This document is crucial for income-focused investors and those calculating total shareholder return. It provides a forward-looking calendar detailing:
- Ex-Dividend Dates: The date on which a stock begins trading without the right to the declared dividend.
- Payment Dates: When shareholders of record can expect to receive dividend payments.
- Dividend Amounts: The cash amount per share to be distributed.
Practical Example: An investor analyzing Sonatel (SNT) can use this schedule to plan entry or exit strategies around dividend dates, optimizing for yield capture or tax considerations.
2. Net Asset Values (NAV) of UCITS as of December 12, 2025
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This report offers a window into the performance of Undertakings for Collective Investment in Transferable Securities (UCITS)—the region’s mutual funds and SICAVs. The NAV is the per-share value of a fund’s assets minus its liabilities. Tracking this data allows investors to:
- Compare Fund Performance: Assess how different asset managers and fund strategies are performing against market indices.
- Gauge Institutional Sentiment: Large movements in fund NAVs can indicate broader institutional buying or selling trends.
- Make Informed Allocation Decisions: Use fund performance as a proxy for sector or regional performance within the WAEMU economy.
How to Integrate This Information for Investment Decisions
Truly leveraging these documents involves a synthesis. For instance, a rising stock price in the BOC for a bank, coupled with strong NAV growth in financial sector UCITS and a forthcoming dividend noted in the schedule, paints a powerful picture of sector health and shareholder reward.
You can download the specific BRVM Official Quotation Bulletin for December 15, 2025, directly here: BOC_20251215.pdf.
This analysis is based on the original report. Full credit is due to the source. We encourage readers to consult the original article (Source) for further context and direct reporting.