BRVM rises 1.38% as utilities jump 5.04%
The BRVM Composite Total Return rose 1.38% to 165.0 points on May 25, led by utilities at 187.32 points, up 5.04%, while the telecommunications index fell 1.01% to 103.74 points. The BRVM Composite slipped 0.13% to 421.02 points and the BRVM Principal was nearly flat at 297.56 points, down 0.01%, pointing to gains concentrated in a few segments. On stocks, SOLIBRA doubled its 2025 profit to CFA46 billion, according to Sika Finance. In financials, Ecobank finalized a $208 million buyback offer on its 2031 notes, according to Investing.com France, while the African Development Bank and Ecobank Centrafrique signed a 5 million euro trade transaction guarantee facility, the AfDB Group reported.
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