The decline represents a 3.53% drop from the previous closing reference price of 85,000 CFA francs. The contraction of the main stock in the equity sector led to an immediate decline in the BVMAC All Share reference index, which lost 1.38% in a single day. The downturn in stock market trends demonstrates the significant influence of banking capitalization on the weighting mechanisms of regional indices in Douala.

The decline in stock price reduced the overall valuation of the sub-Saharan financial market. End-of-session calculations estimate the global market capitalization loss at 44.1 billion CFA francs, with the stock market value of listed companies falling from 1,755.6 billion to 1,711.4 billion CFA francs. The free float also recorded a value decline of 1.7 billion CFA francs. The macroeconomic erosion stems exclusively from the decline in the value of the BHC stock, with other listed stocks remaining stable. Stock market activity statistics confirm the omnipresence of the financial group, with transactions on the stock representing 4.92 million CFA francs, or over 82% of the day's total financial volume, which stood at 5.96 million CFA francs.

Stock market valuation has stabilized two months after the introduction of the financial services group to the first compartment, which occurred on May 7 at a price of 80,000 CFA francs. Despite a technical decline after the mid-June peak of 90,000 CFA francs, the stock price has preserved a 6.25% increase compared to the initial issue value, maintaining the gains of initial shareholders. The stock market introduction had allowed for an initial amount of 45 billion CFA francs to be raised. The investment bank is preparing the second phase of its expansion strategy with a planned capital increase through the issuance of new shares worth 81 billion CFA francs for the third quarter of 2026.


Ndjomo Carlos

Tags: bourse bvmac bgfi marché financier actions capitalisation indice boursier banque économie