BRVM rises 0.73%, led by utilities' 6.11% jump
The BRVM Composite rose 0.73% to 501.3 points on Aug. 17, while the BRVM Composite Total Return closed at 200.78, lifted by utilities' 6.11% gain and energy's 3.04% rise. Telecommunications added 1.47% to 119.05 points, tracking Sonatel after its first-half profit reached CFA230 billion according to Sika Finance, following revenue of more than CFA1 trillion reported by Xalima. Trading remained concentrated in Sonatel, which accounted for more than half of the CFA4 billion traded on Aug. 4, according to Sika Finance, extending a weekly rebound led alongside Sicor as reported by Dabafinance. Financials were nearly flat at -0.02% despite Ecobank, whose first-half revenue rose 15% to $1.3 billion and pretax profit reached $423 million, according to leFaso.net, while Africa Intelligence reports the group is not favorable to entering the Ethiopian market.
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BRVM (West Africa) — Telecoms Jump 5.63% as Dividends Lift Total Return 2.20%
The BRVM ended the week of August 17-21, 2026 with a 2.20% total return gain, driven by telecoms up 5.63% and a fresh wave of dividend announcements. Banks dominated turnover, while market breadth stayed mixed at 11 gainers versus 15 losers.
BRVM rises 0.75%, lifted by Sonatel and utilities up 3.94%
The BRVM Composite rose 0.75% to 519.59 points on Aug. 20, while the BRVM Composite Total Return reached 208.11 points, also up 0.75%. Utilities led the market with a 3.94% gain to 293.79 points, ahead of energy at 174.87 points (+2.79%) and telecommunications at 128.72 points (+1.59%). The advance extended the move flagged by Sika Finance on Aug. 19, which said Sonatel generated CFA190 billion and pushed the market to a new high. On the corporate front, Sika Finance said SITAB posted stable first-half 2026 profit of CFA18 billion, while Financial Afrik reported ETI cut its board to 12 members and removed directors' term limits.
BRVM rises 1.7% as Sonatel and utilities lift market to fresh high
BRVM Composite Total Return rose 1.7% to 206.56 points on Aug. 19, while the BRVM Composite gained 1.69% to 515.72 and the BRVM-30 added 1.95% to 247.63. The move was led by utilities, up 6.08% to 282.66, and telecommunications, up 4.28% to 126.71, as Sika Finance reported Sonatel generated 190 billion CFA francs and pushed the market to a fresh high. Energy fell 1.18% to 170.13, while financial services slipped 0.05% to 243.36. On the corporate side, Financial Afrik said Ecobank Transnational Incorporated cut its board to 12 members from 15 and removed directors' term limits, while Sika Finance reported SITAB posted stable first-half 2026 profit of 18 billion CFA francs.