BRVM rises 0.55% as financials offset a 4.66% drop in discretionary stocks
The BRVM Composite rose 0.55% to 445.31 points on June 22, while the total return index added 0.55% to 176.29 points, led by financials up 0.74% and telecoms up 0.68%. Gains were capped by discretionary consumption, which slumped 4.66% to 204.46 points, while industrials fell 0.98% and energy lost 0.19%. In banking, Alain Nkontchou became Ecobank's largest shareholder, according to Afrimag, while Ecobank Centrafrique raised its capital to $28 million and aims for the Cobac threshold, according to Agence Ecofin. Coris Bank International Chad is negotiating a $10 million IFC guarantee line, Sika Finance reported, while 4 Bank of Africa units in Benin, Senegal, Burkina Faso and Mali published capital increase notices on June 22.
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BRVM (West Africa) — Telecoms Jump 2.44%, Discretionary Up 2.03% as Dividends Reignite Trade
The BRVM ended the week of June 15-19, 2026 on firmer footing, with the Composite up 0.96% and the BRVM-30 gaining 1.29%. Telecoms and discretionary stocks led the market, while dividend and capital-raising announcements helped underpin sentiment.
BRVM rises 0.96% as financials draw support from capital operations
The BRVM Composite rose 0.96% to 442.87 points on June 19, while the BRVM-30 gained 1.29% to 207.59 and the Principal index slipped 0.14% to 315.03. The move was led by telecommunications, up 2.44% to 106.19, and energy, up 1.60% to 157.15, while consumer staples fell 1.0% to 277.95. Financials added 0.45% to 201.72 amid June 19 capital increase notices for Bank of Africa BF, BN, ML and SN, alongside Coris Bank International’s net dividend of 900 CFA francs detached on June 18. On the corporate front, Coris Bank International Chad is negotiating a $10 million guarantee line with IFC, according to Sika Finance, while Ecobank Centrafrique raised its capital to $28 million and aims for the Cobac threshold, according to Agence Ecofin, and Coris Bank co-arranged $288 million in Afreximbank financing in Niger, Agence Ecofin reported.
SOLIBRA : Que cachent réellement les bénéfices records ? - Sika Finance
SOLIBRA : Que cachent réellement les bénéfices records ? Sika Finance