Ecobank and Sonatel lead as BRVM Composite holds near flat at 485.89
The BRVM Composite rose 0.09% to 485.89 on Aug. 4, while the BRVM Composite Total Return added 0.09% to 194.08, with consumer staples up 1.57% and telecommunications up 0.63%. Industrials fell 4.11% to 209.79 and energy lost 1.54% to 159.44, while financial services slipped 0.37% to 235.94. Ecobank led the earnings flow with net profit of 167 billion CFA francs at end-June 2026, held back by Nigerian risk costs despite double-digit growth, according to Sika Finance, Agence Ecofin, Financial Afrik and Capmad. Sonatel separately crossed 1 trillion CFA francs in first-half revenue, Forbes Afrique reported, while SITAB stayed in focus over its yield debate ahead of a net dividend of 1,707.2 CFA francs with Aug. 12 detachment, according to Sika Finance and analyst notes. Capital increase notices from Bank of Africa units in Benin, Senegal, Burkina Faso and Mali, all dated Aug. 4, also shaped the session, according to analyst reports.
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