BRVM rises 0.58%, lifted by industrials and financials
The BRVM Composite rose 0.58% to 485.43 points on Aug. 3, while the total return index added 0.66% to 193.9 points, with the Principal index up 1.55% at 370.92 points. Industrials led the market with a 1.75% gain to 218.78 points, ahead of energy at 1.57% to 161.94 points and financials at 0.85% to 236.82 points, while the Prestige index fell 0.38% to 176.88 points. Ecobank dominated headlines after reporting first-half net profit of 167 billion CFA francs, with solid growth tempered by Nigerian risk costs, according to Sika Finance, Financial Afrik, Agence Ecofin and Capmad. Sonatel also stayed in focus after posting more than 1.5 billion euros in first-half revenue and placing its second half under 5G, digital services and AI, according to Agence Ecofin and latribune.fr. In the background, Sika Finance said SITAB faced investors over the balance between yield and patience, while 4 Bank of Africa units in Burkina Faso, Mali, Benin and Senegal announced capital increases on Aug. 3, according to analyst notes.
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.