
BRVM ends up 0.11%, lifted by industrials and Solibra
The BRVM Composite rose 0.11% to 426.0 points and the BRVM Composite Total Return added 0.11% to 167.12 on June 1, with industrials leading at +1.43% and utilities up 0.84%. Gains were capped by consumer staples, down 0.64%, while telecommunications slipped 0.10% to 104.91 points despite Sonatel posting quarterly profit of 113 billion CFA francs, according to Seneweb. On the corporate side, Solibra said 2025 profit doubled to 46 billion CFA francs and said it was continuing in 2026 the momentum of a record 2025, according to Sika Finance, while SOGB will pay more than 12 billion CFA francs in dividends in 2025, Africtelegraph reported. In finance, Ecobank featured across headlines with a $450 million green bond, a $208 million buyback offer on its 2031 notes, and a 5 million euro trade-finance guarantee for Ecobank Centrafrique, according to Financial Afrik, Investing.com France and the African Development Bank, while BOAD and Ecobank want to mobilize 500 million euros with Proparco, according to Togo First.
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SIBC posted the session’s top turnover at 283.5m XOF with no price move, even as the BRVM Financials index fell 0.41%. The contrast points to highly selective positioning in West African bank stocks amid dividend notices and fresh capital increase announcements.
BRVM edges lower as energy rises 1.22% amid Ecobank-driven headlines
The BRVM Composite fell 0.14% to 436.06 points and the BRVM-30 lost 0.38% to 204.01 points on June 9, while the energy index rose 1.22% to 152.3 points, according to market data. Financials slipped 0.41% to 199.62 points as Ecobank dominated headlines, approving CFA22.5 billion in dividends, according to APS, while Ecobank TI paid $40 million in dividends, Financial Afrik reported. The group also confirmed a turnaround plan for its undercapitalized Nigerian unit, according to Agence Ecofin, while increasing the number of profitable African subsidiaries from 15 to 25 in 4 years, the same source said. Agence Ecofin also said the UMOA banking commission approved Bosquet’s entry into Ecobank’s capital, while the group said it had financed $3 billion in intra-African trade.
Ecobank drives BRVM headlines as Composite slips 0.13%
The BRVM Composite fell 0.13% to 436.68 points on June 8, while the BRVM Composite Total Return lost 0.13% to 172.48 and the BRVM-30 slipped 0.29% to 204.78. Losses were led by utilities at -1.81%, telecommunications at -1.54% and industrials at -1.45%, while financials rose 0.98% and energy gained 1.14%. Ecobank dominated the newsflow with a 22.5 billion CFA franc dividend approved, equivalent to $40 million paid by Ecobank TI, according to APS and reported by Financial Afrik, while the UMOA Banking Commission approved Bosquet’s entry into the capital, according to Agence Ecofin. The group also confirmed a turnaround plan for its undercapitalized Nigerian unit, according to Agence Ecofin, and said it had financed $3 billion of intra-African trade, while Togo First reported Cathia Lawson-Hall’s election to the board.