BRVM: Industrials plunge 3.15% despite 7-week market rally
The BRVM Industrials index plunged 3.15% to 202.22 points on March 9, bucking the broader market's bullish trend. The exchange extended its rally to a seventh consecutive week with the BRVM Composite rising 0.55% to 413.71, according to Dabafinance. Solibra Côte d'Ivoire recorded the week's strongest gain and hit a record level, reports L'economiste du faso. The financial sector advanced 1.28% while Sonatel distributed 174 billion FCFA in dividends after its best year, per Financial Afrik.
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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