Monthly Market Statistics
BODIVA monthly market reports aggregate daily trading data to provide a medium-term view of market activity, price trends, and liquidity patterns. Angola X enhances these reports with macroeconomic context, cross-referencing BODIVA data with BNA policy actions and INE economic indicators.
Monthly Report Contents
Each monthly market report covers:
| Section | Details |
|---|---|
| Equity Trading Summary | Total volumes, turnover, and transaction counts by security |
| Price Performance | Monthly price changes for each listed equity (open, high, low, close) |
| Top Performers | Securities with the highest/lowest monthly returns |
| Volume Analysis | Comparison to prior month and rolling 12-month average |
| Market Capitalization | Month-end aggregate and individual company market caps |
| Fixed Income Activity | Government bond auction results, yields, and secondary market turnover |
| FX Context | USD/AOA monthly change and implications for USD-equivalent valuations |
Monthly Equity Dashboard
| Security | Price (Kz) | Sector | Weight in Total Market Cap |
|---|---|---|---|
| BFA | 118,000 | Banking | Largest by market cap |
| BAI | 100,500 | Banking | Second largest |
| BODIVA SA | 55,500 | Exchange | Mid-cap |
| BCGA | 24,000 | Banking | Smaller bank |
| ENSA | 18,000 | Insurance | Only insurer |
Macroeconomic Context
Monthly statistics are best interpreted alongside key macroeconomic indicators:
- BNA Policy Rate: 17.5% (January 2026) — affects bank profitability and bond yields
- Inflation: 15.7% (December 2025, INE) — influences real returns on equity and fixed-income investments
- USD/AOA: 914.60 — determines USD-equivalent market capitalization and diaspora investor returns
- Oil Price: Brent ~$74.50/bbl — affects government revenue, fiscal balance, and overall economic sentiment
Liquidity Trends
Monthly statistics track liquidity evolution across BODIVA:
- Average daily turnover and transaction count
- Bid-ask spreads by security (narrower = more liquid)
- Days with zero trades per security (wider = less liquid)
- Concentration of trading activity by security and by participant type
With 10,328 total equity transactions in 2024, average monthly volume is approximately 860 transactions — reflecting the early-stage nature of the market but also indicating growth as new participants enter.
Data Access
Monthly reports are published by BODIVA and analyzed by Angola X. For intraday and session-level data, see daily statistics. For the year-in-review perspective, see annual statistics.