BRVM ends flat as Ecobank and banks dominate the newsflow
The BRVM Composite rose 0.05% to 450.04 points and the BRVM Composite Total Return added 0.16% to 178.42, while the BRVM-30 slipped 0.03% to 211.11 points. Gains were led by energy at 1.67%, utilities at 1.63% and financials at 0.78%, while telecommunications fell 1.28% and industrials lost 0.87%. Newsflow was dominated by Ecobank, with a 22.5 billion CFA franc dividend approved, according to APS, a $450 million nature bond, according to Agence Ecofin, and 25 profitable subsidiaries versus 15 four years earlier, according to the same source. In the same sector, Ecobank Gabon posted 2025 net profit of 16 billion CFA francs, up 19% year on year, according to Sika Finance, while Coris Bank International Chad is negotiating a $10 million IFC guarantee line, Sika Finance reported.
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