The BRVM Composite is a stock index calculated from the value of each stock

Stock

The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...

 on the Bourse Régionale des Valeurs Mobilières, or BRVM

BRVM

The Bourse Régionale des Valeurs Mobilières SA or BRVM, is a regional stock exchange serving the following west African countries: Benin Burkina Faso Guinea Bissau Côte d'Ivoire Mali Niger Senegal Togo....

. The BRVM is organized into 7 sectors.

The Bourse Régionale des Valeurs Mobilières is a regional stock exchange

Stock exchange

A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...

 that serves 8 West African countries:
Benin

Benin

Benin , officially the Republic of Benin, is a country in West Africa. It borders Togo to the west, Nigeria to the east and Burkina Faso and Niger to the north. Its small southern coastline on the Bight of Benin is where a majority of the population is located...

 Burkina Faso

Burkina Faso

Burkina Faso – also known by its short-form name Burkina – is a landlocked country in west Africa. It is surrounded by six countries: Mali to the north, Niger to the east, Benin to the southeast, Togo and Ghana to the south, and Côte d'Ivoire to the southwest.Its size is with an estimated...

 Guinea Bissau Côte d'Ivoire

Côte d'Ivoire

The Republic of Côte d'Ivoire or Ivory Coast is a country in West Africa. It has an area of , and borders the countries Liberia, Guinea, Mali, Burkina Faso and Ghana; its southern boundary is along the Gulf of Guinea. The country's population was 15,366,672 in 1998 and was estimated to be...

 Mali

Mali

Mali , officially the Republic of Mali , is a landlocked country in Western Africa. Mali borders Algeria on the north, Niger on the east, Burkina Faso and the Côte d'Ivoire on the south, Guinea on the south-west, and Senegal and Mauritania on the west. Its size is just over 1,240,000 km² with...

 Niger

Niger

Niger , officially named the Republic of Niger, is a landlocked country in Western Africa, named after the Niger River. It borders Nigeria and Benin to the south, Burkina Faso and Mali to the west, Algeria and Libya to the north and Chad to the east...

 Senegal

Senegal

Senegal , officially the Republic of Senegal , is a country in western Africa. It owes its name to the Sénégal River that borders it to the east and north...

 Togo

Togo

Togo, officially the Togolese Republic , is a country in West Africa bordered by Ghana to the west, Benin to the east and Burkina Faso to the north. It extends south to the Gulf of Guinea, on which the capital Lomé is located. Togo covers an area of approximately with a population of approximately...

.
The exchange itself is located in Abidjan, Cote d'Ivoire.

BRVM stock listings

as of March 2009

Symbol	Stock	Company
Agriculture Sector
PALC	PALM CI	PALM - Côte d'Ivoire - edible oil
PHC	PH CI	Plantation et Huileries de Côte d'Ivoire - edible oil
SICC	SICOR CI	Société Ivoirienne de Coco Râpé coconut Coconut The coconut palm, Cocos nucifera, is a member of the family Arecaceae . It is the only accepted species in the genus Cocos. The term coconut can refer to the entire coconut palm, the seed, or the fruit, which is not a botanical nut. The spelling cocoanut is an old-fashioned form of the word... , coconut products
SOGC	SOGB CI	Société des Caoutchoucs de Grand-Béréby - forestry Forestry Forestry is the interdisciplinary profession embracing the science, art, and craft of creating, managing, using, and conserving forests and associated resources in a sustainable manner to meet desired goals, needs, and values for human benefit. Forestry is practiced in plantations and natural stands... , logging Logging Logging is the cutting, skidding, on-site processing, and loading of trees or logs onto trucks.In forestry, the term logging is sometimes used in a narrow sense concerning the logistics of moving wood from the stump to somewhere outside the forest, usually a sawmill or a lumber yard...
SPHC	SAPH CI	Société Africaine de Plantation d'Hévéas - agriculture Agriculture Agriculture is the cultivation of animals, plants, fungi and other life forms for food, fiber, and other products used to sustain life. Agriculture was the key implement in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that nurtured the...
Other Sector
STAC	SETAO CI	Société d'Etudes et de Travaux pour l'Afrique de l'Ouest - architecture Architecture Architecture is both the process and product of planning, designing and construction. Architectural works, in the material form of buildings, are often perceived as cultural and political symbols and as works of art... , engineering Engineering Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of... , construction Construction In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking...
Distribution Sector
ABJC	ABIDJAN CATERING CI	ABIDJAN CATERING - Côte d'Ivoire hotel Hotel A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including en-suite bathrooms...  and catering Catering Catering is the business of providing foodservice at a remote site or a site such as a hotel, public house , or other location.-Mobile catering:A mobile caterer serves food directly from a vehicle or cart that is designed for the purpose...  industry
BNBC	BERNABE-CI	BERNABE-Côte d'Ivoire - hardware Hardware Hardware is a general term for equipment such as keys, locks, hinges, latches, handles, wire, chains, plumbing supplies, tools, utensils, cutlery and machine parts. Household hardware is typically sold in hardware stores.... , household goods Household goods Household goods are goods and products used within households. They are the tangible and movable personal property placed in the living rooms, dining rooms, kitchens, family rooms, great rooms, bedrooms, bathrooms, recreation rooms, hallways, attics, and basements and other rooms of a... , ironmongery Ironmongery Ironmongery originally referred both to the manufacture, and the place of sale of iron goods produced for domestic rather than industrial use. The usage of the term has expanded in recent times to include consumer goods made of aluminium, brass, or other metals, as well as plastics... , metallurgy Metallurgy Metallurgy is a domain of materials science that studies the physical and chemical behavior of metallic elements, their intermetallic compounds, and their mixtures, which are called alloys. It is also the technology of metals: the way in which science is applied to their practical use...
CFAC	CFAO CI	Compagnie Française de l'Afrique Occidentale en Côte d'Ivoire - wholesale Wholesale Wholesaling, jobbing, or distributing is defined as the sale of goods or merchandise to retailers, to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services... , retail Retail Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
PRSC	PEYRISSAC-CI	PEYRISSAC-Côte d'Ivoire - ironmongery Ironmongery Ironmongery originally referred both to the manufacture, and the place of sale of iron goods produced for domestic rather than industrial use. The usage of the term has expanded in recent times to include consumer goods made of aluminium, brass, or other metals, as well as plastics... , automotive/electronic import Import The term import is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred to an "importer" who is based in the country of import whereas the overseas based seller is referred to as an "exporter". Thus...  / export Export The term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer"...
SHEC	SHELL CI	SHELL-Côte d'Ivoire (Shell Oil)
SRIC	SARI CI	Société Africaine de Représentations Industrielles - motor vehicles, automotive parts
TFEC	TOTAL FINA ELF CI	TOTAL FINA ELF OIL Côte d'Ivoire (Total S.A. Total S.A. Total S.A. is a French multinational oil company and one of the six "Supermajor" oil companies in the world.Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and... )
Financial Sector
BICC	BICICI	Banque Internationale pour le Commerce et l'Industrie de Côte d'Ivoire
BOAB	BOA BENIN	Banque of Africa - Bénin (Bank of Africa Bank of Africa Bank of Africa is a multinational bank in Africa. Its first office was founded in Bamako, Mali in 1982.-Branches and subsidiaries:Bank of Africa:*BOA Group*Banque de l'Habitat du Benin in Cotonou, Benin*BOA Burkina Faso*BOA Côte d'Ivoire... )
BOAN	BOA NIGER	Banque of Africa - NIGER (Bank of Africa Bank of Africa Bank of Africa is a multinational bank in Africa. Its first office was founded in Bamako, Mali in 1982.-Branches and subsidiaries:Bank of Africa:*BOA Group*Banque de l'Habitat du Benin in Cotonou, Benin*BOA Burkina Faso*BOA Côte d'Ivoire... )
ETI	ECOBANK	Ecobank Transnational Inc. (Ecobank Ecobank Ecobank, whose official name is Ecobank Transnational Inc., is a pan-African banking group with a presence in more African countries than any other bank... )
SAFC	SAFCA CI	Société Africaine de Crédit Automobile - vehicle and equipment finance Finance "Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
SGBC	SGB CI	Société Générale de Banques en Côte d'Ivoire
Industrial Sector
CABC	SICABLE	Société Ivoirienne de Câbles - wire Wire A wire is a single, usually cylindrical, flexible strand or rod of metal. Wires are used to bear mechanical loads and to carry electricity and telecommunications signals. Wire is commonly formed by drawing the metal through a hole in a die or draw plate. Standard sizes are determined by various...  and cable Cable A cable is two or more wires running side by side and bonded, twisted or braided together to form a single assembly. In mechanics cables, otherwise known as wire ropes, are used for lifting, hauling and towing or conveying force through tension. In electrical engineering cables are used to carry...
CDAC	CEDA	Centre d'Edition et de Diffusion Africaines - media Mass media Mass media refers collectively to all media technologies which are intended to reach a large audience via mass communication. Broadcast media transmit their information electronically and comprise of television, film and radio, movies, CDs, DVDs and some other gadgets like cameras or video consoles...
FTSC	FILTISAC	Filature, Tissage, Sacs - packaging material
NEIC	NEI	Nouvelles Editions Ivoiriennes SA - Edition, Distribution et vente de livres et publication
NTLC	NESTLE-CI	NESTLE-Côte d'Ivoire (Nestle's)
SACC	SAEC ASTRAL	Société Abidjanaise d'Expansion Chimique - chemicals, paints
SEMC	SIEM CI	Société Ivoirienne d'Emballage Métallique - metal cans
SGCC	SAGECO CI	Société Abidjanaise de Gérance et d'Exploitation Commerciale food Food Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals...  manufacture
SIVC	SIVOA CI	Société Ivoirienne d'Oxygène et d'Acétylène - industrial gases
SLBC	SOLIBRA CI	Société de Limonaderies et Brasseries d'Afrique - breweries, beverages
SMBC	SMB CI	Société Multinationale de Bitumes - petrochemicals
STBC	SITAB CI	Société Ivoirienne des Tabacs - tobacco Tobacco Tobacco is an agricultural product processed from the leaves of plants in the genus Nicotiana. It can be consumed, used as a pesticide and, in the form of nicotine tartrate, used in some medicines...  products
TTRC	TRITURAF CI	Société ivoirienne de trituration de graines oléagineuses et de raffinage d'huiles végétales - edible oils
UNLC	UNILEVER CI	UNILEVER CI (Unilever Unilever Unilever is a British-Dutch multinational corporation that owns many of the world's consumer product brands in foods, beverages, cleaning agents and personal care products.... )
UNXC	UNIWAX CI	UNIWAX CI - textiles and clothing Clothing Clothing refers to any covering for the human body that is worn. The wearing of clothing is exclusively a human characteristic and is a feature of nearly all human societies...
Public Utility Sector
CIEC	CIE CI	Compagnie Ivoirienne d'Electricitév - electricity Electricity Electricity is a general term encompassing a variety of phenomena resulting from the presence and flow of electric charge. These include many easily recognizable phenomena, such as lightning, static electricity, and the flow of electrical current in an electrical wire...
SDCC	SODE CI	Société de Distribution d'Eau de Côte d'Ivoire - water Water Water is a chemical substance with the chemical formula H2O. A water molecule contains one oxygen and two hydrogen atoms connected by covalent bonds. Water is a liquid at ambient conditions, but it often co-exists on Earth with its solid state, ice, and gaseous state . Water also exists in a...
SNTS	SONATEL SN	Société Nationale de Télécommunication - Sonatel Sonatel Sonatel is the principal telecommunications provider of Senegal. The company is active in fixed line telephony, mobile telephony, internet service, television and corporate telecommunications...  - telecommunications
Transportation Sector
SAGC	SAGA CI	SAGA-Côte d'Ivoire - shipping Shipping Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck... , logistics Logistics Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and... , tourism Tourism Tourism is travel for recreational, leisure or business purposes. The World Tourism Organization defines tourists as people "traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes".Tourism has become a...
SDVC	SDV CI	Société Delmas Vieljeux - freight transport, trucking Truck driver A truck driver , is a person who earns a living as the driver of a truck, usually a semi truck, box truck, or dump truck.Truck drivers provide an essential service to... , logistics Logistics Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...
SVOC	SIVOM CI	Société Ivoirienne d'Opération Maritimes - shipping Shipping Shipping has multiple meanings. It can be a physical process of transporting commodities and merchandise goods and cargo, by land, air, and sea. It also can describe the movement of objects by ship.Land or "ground" shipping can be by train or by truck...

External links

• BRVM - Listings
• BRVM Company listings and notes at MBendi