Ecobank and Sonatel lead as BRVM Composite holds near flat at 485.89
The BRVM Composite rose 0.09% to 485.89 on Aug. 4, while the BRVM Composite Total Return added 0.09% to 194.08, with consumer staples up 1.57% and telecommunications up 0.63%. Industrials fell 4.11% to 209.79 and energy lost 1.54% to 159.44, while financial services slipped 0.37% to 235.94. Ecobank led the earnings flow with net profit of 167 billion CFA francs at end-June 2026, held back by Nigerian risk costs despite double-digit growth, according to Sika Finance, Agence Ecofin, Financial Afrik and Capmad. Sonatel separately crossed 1 trillion CFA francs in first-half revenue, Forbes Afrique reported, while SITAB stayed in focus over its yield debate ahead of a net dividend of 1,707.2 CFA francs with Aug. 12 detachment, according to Sika Finance and analyst notes. Capital increase notices from Bank of Africa units in Benin, Senegal, Burkina Faso and Mali, all dated Aug. 4, also shaped the session, according to analyst reports.
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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.