BRVM rises 0.56% as financials climb 1.13%
The BRVM Composite rose 0.56% to 484.32 points on July 24, while the BRVM-30 added 0.67% to 230.73 and the Composite Total Return gained 0.55% to 192.27. Financials led with a 1.13% rise to 235.01 points, supported by momentum around Coris Bank, whose first-quarter 2026 net banking income jumped 29% according to Financial Afrik, after a week 27 rally that took the stock to CFA 29,000, Sika Finance reported. Telecommunications gained 0.61% to 112.85 points after GCR raised Sonatel's credit rating to the region's highest level, according to Dabafinance, following the deployment of 16 satellite antennas in Gandoul reported by MSN. Utilities fell 1.4% to 231.63 points, the steepest sector drop of the day, ahead of industrials at -0.86% and energy at -0.5%, while Bank of Africa BF, BN and SN announced capital increases on July 24, according to analyst reports.
مقالات ذات صلة
BRVM (West Africa) — Up 0.66% Through Aug. 7 as Industrials Jump 3.76% and Energy Slips
The BRVM rose 0.66% in the week through Friday, Aug. 7, 2026, led by a 3.76% jump in industrials even as energy fell 2.68%. Dividend notices and firmer commodity prices helped support the regional market.
BRVM (West Africa) — Africa Global Logistics Draws XOF 145.7m as Industrials Rebound 3.76%
Africa Global Logistics Côte d’Ivoire led turnover at XOF 145.7m and rose 1.2% as the BRVM Industrials index jumped 3.76%. The move marks a sharp reversal from recent pressure on the sector and puts logistics back at the center of the West Africa stock market.
BRVM rises 0.66% as Ecobank posts 15% H1 revenue growth
The BRVM Composite rose 0.66% to 485.48 points, led by industrials up 3.76%, while energy fell 2.68% to 158.91 points. Telecommunications gained 1.32% to 113.38 points and utilities added 1.47% to 223.01 points, as the BRVM-30 advanced 0.79% to 231.22 points. Ecobank sustained solid momentum in the first half of 2026, with revenue up 15% to $1.3 billion and pre-tax profit reaching $423 million, according to leFaso.net and based on the July 31 earnings-call transcript reported by Zonebourse. On income stocks, SITAB remained in focus ahead of a net dividend of CFA1,707.2 with an ex-date of August 12, 2026, while Sika Finance on July 31 questioned whether the stock still offers a credible yield case.