Sonatel leads headlines as BRVM Composite slips 0.23%

The BRVM Composite fell 0.23% to 482.71 points on July 28, while the BRVM Composite Total Return lost 0.23% to 191.75 points and the BRVM-30 dropped 0.39% to 229.74 points. The decline was led by financial services, down 0.84% to 234.93 points, while utilities rose 2.44% to 234.58 points and the telecommunications index was flat at 111.9 points. Sonatel dominated headlines with first-half profit of CFA230 billion, according to Sika Finance, after crossing CFA1 trillion in revenue, according to Xalima and Zonebourse Suisse. The group is also targeting 1 million fiber-eligible customers in Touba by end-2026, socialnetlink.org reported.