BRVM (West Africa) — SDCC Jumps 1.8% as Utilities Surge 3.46% on BRVM

BRVM rises 0.5%, lifted by utilities and SOLIBRA

The BRVM Composite rose 0.5% to 418.16 points, while the BRVM Composite Total Return gained 0.5% to 161.45 points, with utilities leading sector gains at 3.46%, according to market data. SOLIBRA reported 2025 profit of CFA46 billion, up 2-fold from 1 year earlier, Sika Finance reported, as consumer staples added 0.72% to 260.41 points. Financials climbed 1.21% to 190.33 points as Ecobank finalized a $208 million buyback offer on its 2031 notes, according to Investing.com France, and the African Development Bank and Ecobank Centrafrique signed a 5 million euro trade-finance guarantee facility, the AfDB Group said. Telecoms fell 0.4% to 104.29 points and energy slipped 0.33% to 141.45 points, while Agridigitale highlighted financial solutions tailored to Africa's agricultural sector.

BRVM rises 0.4% as Ecobank advances $208 million bond buyback

The BRVM Composite rose 0.4% to 416.07 points on May 19, while the BRVM Composite Total Return gained 0.4% to 160.64 and the BRVM-30 added 0.32% to 196.4. Utilities led the move, up 1.64% to 164.79, and financial services climbed 0.76% to 188.05, while energy slipped 0.18% to 141.92 and consumer staples fell 0.38% to 258.55. Ecobank finalized a $208 million buyback offer on its 2031 bonds, according to Investing.com France, while the African Development Bank and Ecobank Centrafrique signed a 5 million euro trade transaction guarantee facility, according to the African Development Bank Group. On the market, FIDELIS FINANCE - PME ELAN CROISSANCE UMOA 2 - 7% 2025-2030 made its first listing on May 19, while BANK OF AFRICA BF and BANK OF AFRICA BN announced capital increases, according to analyst reports.

BRVM rises 0.43% as utilities jump 3.25% and banks drive the narrative

The BRVM Composite rose 0.43% to 414.4 on May 18, while the BRVM-30 gained 0.63% to 195.78 and utilities jumped 3.25% to 162.13. Financials added 0.88% to 186.63 as Ecobank dominated the news flow, completing a $450 million green bond, announcing $3 billion for African trade and saying it wants to mobilise 500 million euros with BOAD and Proparco, according to Financial Afrik and Togo First. Sonatel added support after posting 113 billion CFA francs in first-quarter profit, Seneweb reported, while SOGB will pay more than 12 billion CFA francs in dividends in 2025, according to Africtelegraph. By contrast, discretionary consumption fell 2.16% to 180.61 and staples lost 1.86% to 259.53, even as ORAGROUP rebounded after several sessions of declines, according to Sika Finance.