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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BRVM rises 0.58%, lifted by industrials and financials
The BRVM Composite rose 0.58% to 485.43 points on Aug. 3, while the total return index added 0.66% to 193.9 points, with the Principal index up 1.55% at 370.92 points. Industrials led the market with a 1.75% gain to 218.78 points, ahead of energy at 1.57% to 161.94 points and financials at 0.85% to 236.82 points, while the Prestige index fell 0.38% to 176.88 points. Ecobank dominated headlines after reporting first-half net profit of 167 billion CFA francs, with solid growth tempered by Nigerian risk costs, according to Sika Finance, Financial Afrik, Agence Ecofin and Capmad. Sonatel also stayed in focus after posting more than 1.5 billion euros in first-half revenue and placing its second half under 5G, digital services and AI, according to Agence Ecofin and latribune.fr. In the background, Sika Finance said SITAB faced investors over the balance between yield and patience, while 4 Bank of Africa units in Burkina Faso, Mali, Benin and Senegal announced capital increases on Aug. 3, according to analyst notes.
BRVM (West Africa) — Energy Jumps 2.1% as Dividend Season Reshapes Late-July Trading
BRVM ended July 31, 2026 on a mixed note, with energy up 2.1% while basic consumer stocks fell 1.98%. Dividend detachments and Bank of Africa capital increases drove trading flows across the regional market.
BRVM (West Africa) — ONATEL Burkina Faso Jumps 2.0% as Telecoms Defy Utilities Slump
ONATEL Burkina Faso led BRVM gainers with a 2.0% rise to 2,850 XOF, while the telecom index added 0.12%. That resilience helped the BRVM Composite Total Return edge up 0.06% even as utilities fell 2.69%.