BRVM rises 0.41% as financials offset a 2.89% slide in industrials
The BRVM Composite rose 0.41% to 405.6 points on May 4, while the BRVM Principal gained 1.63% to 284.59 points, as financials climbed 0.73% to 180.19 points and industrials fell 2.89% to 184.8 points. Banking headlines drove the session, with Oragroup posting a 37% profit increase as cost control offset weaker revenue, according to Dabafinance, and Ecobank Cote d'Ivoire reporting a 10% jump in 2025 earnings per share, according to APAnews. Ecobank Cote d'Ivoire also reported a record 2025 year and resumed dividends after record profit, Afrimag and Africtelegraph reported, although Dabafinance said first-quarter revenue growth was weighed down by a higher cost of risk. Separately, Ecobank Group plans to raise $500 million to refinance debt, according to Dabafinance, while 4 Bank of Africa subsidiaries on the BRVM announced capital increases on May 4. Outside banking, SITAB reported an 18% drop in 2025 profit, according to Sika Finance.
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BRVM (West Africa) — BOA Capital Raisings Reignite Banks as Composite Adds 0.95%
BRVM closed on July 10, 2026 up 0.95%, led by financials (+1.91%) after fresh BOA subsidiary capital-raising announcements. Telecoms also helped, while energy (-1.23%) and consumer staples (-1.90%) capped the advance.
BRVM rises 0.95%, lifted by SONATEL and financials
The BRVM Composite rose 0.95% to 474.92 points on July 10, while the BRVM-30 gained 1.28% to 225.0 and the Principal index added 1.51% to 353.81. The move was led by financials, up 1.91% to 228.59, and telecommunications, up 1.14% to 111.03, while energy fell 1.23% to 165.93 and consumer staples dropped 1.9% to 283.48. SONATEL crossed the historic 31,000 CFA franc mark and pulled the market higher, according to Sika Finance. On the financing side, the EBRD granted nearly 10 billion CFA francs to Ecobank Senegal for the start of its activities in Senegal, according to LeQuotidien.sn, after a 15 million euro trade facility reported on July 9 by APAnews.
BRVM (West Africa) — Solibra Draws XOF 842.6m Without Moving as Liquidity Defies Sector Headwinds
Solibra Côte d’Ivoire led BRVM trading on July 9 with XOF 842.6 million in turnover while its share price was unchanged. In a flat regional market, that stability stood out against weaker telecom and industrial names, highlighting demand for defensive liquidity.