BRVM ends flat as industrials jump 3.46% amid bank earnings updates
The BRVM Composite ended nearly flat at 403.46 points, up 0.03%, while Industrials jumped 3.46% to 187.43 and Utilities rose 2.77% to 153.61. News flow centered on financials, with Ecobank Cote d'Ivoire reporting first-quarter 2026 profit of 13 billion CFA francs, although higher cost of risk weighed on earnings, according to Sika Finance and Dabafinance. Oragroup reported a 37% rise in profit as cost control offset lower revenue, Dabafinance said, while Ecobank Togo posted a 9.5% drop in 2025 net profit despite strong commercial growth, according to Togo First. In corporate updates, SITAB posted 2025 profit of 36 billion CFA francs, down 18%, Sika Finance reported, while Ecobank Cameroun raised its 2025 dividend to 24.5 billion CFA francs and Ecobank resumed dividend payments after a record 2025 profit, according to Investir au Cameroun and Africtelegraph.
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BRVM rises 0.17%, financials add 0.54% after fresh market high
The BRVM Composite rose 0.17% to 530.07 on Aug. 25, while the BRVM Composite Total Return gained 0.17% to 213.06 and the BRVM-30 added 0.19% to 256.23. Financials climbed 0.54% to 245.54 and utilities rose 0.53% to 286.25, offsetting a 1.61% drop in industrials to 219.4, after Sonatel booked CFA190 billion and pushed the market to a fresh high, according to Sika Finance. Ecobank Transnational Incorporated cut its board to 12 members and removed directors' term limits, according to Financial Afrik, while Africa Intelligence reports Ecobank is fighting back after a first-instance ruling in Cameroon in its dispute with Wadivo. On earnings, SITAB posted stable first-half profit of CFA18 billion despite higher activity, according to Sika Finance, while analyst notes dated Aug. 25 flagged capital increases at Bank of Africa units in Senegal, Benin, Burkina Faso and Mali.
BRVM rises 0.17% as Sonatel and financials support the market
The BRVM Composite Total Return rose 0.17% to 213.06 points and the BRVM-30 added 0.19% to 256.23 points, while the Principal index gained 0.66% to 385.35 points. Financials climbed 0.54% to 245.54 points and utilities rose 0.53% to 286.25 points, extending momentum flagged by Sika Finance after Sonatel booked CFA190 billion and pushed the market to a fresh high on Aug. 19. Industrials fell 1.61% to 219.4 points, even as SITAB reported stable first-half profit of CFA18 billion despite higher activity, according to Sika Finance. On governance, ETI cut its board to 12 members and removed directors’ term limits, according to Financial Afrik, while 4 Bank of Africa units announced capital increases on Aug. 24, according to analyst reports.
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.