Cote d’Ivoire: Bridge Bank Jumps 16 Percent in BRVM Debut Amid Broad Market Decline

Bridge Bank Group Côte d’Ivoire (BRVM: BBGC) gained 15.48% in its first 2 trading sessions on the BRVM, making it the exchange’s best-performing stock in the week ended September 25 even as the broader market fell. The shares closed at XOF 7,795, compared with an IPO reference price of XOF 6,750.

Bridge Bank began trading on September 24 and rose 7.48% to XOF 7,255 in its first session before gaining another 7.44% on September 25. The debut followed a public offering that attracted XOF 95.8…