BRVM rises 0.82%, lifted by Sonatel and financials
The BRVM Composite rose 0.82% to 496.22 points on Aug. 13, while the BRVM Composite Total Return gained 0.88% to 198.75 points and the BRVM-30 added 1.0% to 236.58 points. The advance was driven by telecommunications, up 1.75% to 117.51 points, and financial services, up 1.02% to 240.32 points, in a market where Sonatel accounted for more than half of the 4 billion CFA francs traded on Aug. 4, according to Sika Finance. Sonatel reported first-half profit of 230 billion CFA francs and revenue above 1 trillion CFA francs, according to Sika Finance and Xalima, while Ecobank posted a 15% rise in revenue to $1.3 billion and pre-tax profit of $423 million, according to leFaso.net, even as net income of 167 billion CFA francs was constrained by risk costs, Sika Finance reported. By contrast, consumer discretionary fell 3.87% to 195.95 points and consumer staples slipped 0.58% to 287.01 points, while SITAB remained in focus after a net dividend of 1,707.2 CFA francs went ex-dividend on Aug. 12 and after leading the weekly rebound, according to Dabafinance.
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BRVM slips 0.35% as Sonatel and Ecobank dominate H1 narrative
The BRVM Composite fell 0.35% to 492.16 points and the BRVM Composite Total Return lost 0.19% to 197.02 points, while the BRVM-30 dropped 0.55% to 234.24 points. The decline was led by financials, down 1.27% to 237.89 points, despite Ecobank’s 15% revenue growth to $1.3 billion and first-half 2026 pre-tax profit of $423 million, according to leFaso.net and Sika Finance, with earnings still constrained by Nigerian risk costs, according to Agence Ecofin. By contrast, utilities rose 1.85% to 235.31 points and telecommunications added 0.51% to 115.49 points, as Sonatel accounted for more than half of the 4 billion CFA francs traded on Aug. 4, according to Sika Finance, after first-half revenue topped 1 trillion CFA francs and profit reached 230 billion CFA francs, according to Xalima and Sika Finance. Sonatel also aims for 1 million fiber-eligible customers by end-2026 and is positioning its second half around 5G, digital services and AI, reported Socialnetlink and La Tribune, while SITAB went ex-dividend at 1,707.2 CFA francs on Aug. 12, according to analyst reports.
BRVM (West Africa) — Solibra Gains 1.1% as Dividends and Industrials Drive the Market
The BRVM rose 0.69% on August 11, 2026, with Solibra up 1.1% to 37,400 XOF as dividend plays and industrial stocks lifted sentiment. Higher oil at $88.73 a barrel, however, weighed on fuel marketing names across the regional exchange.
BRVM rises 0.69%, led by industrials at 1.91% and financials at 1.04%
The BRVM Composite rose 0.69% to 493.9 points on Aug. 11, while the BRVM Principal gained 1.3% to 375.43 and the BRVM-30 added 0.66% to 235.53. The advance was driven by industrials, up 1.91% to 216.84, utilities, up 1.72% to 231.04, and financials, up 1.04% to 240.95, while energy fell 0.45% to 162.43. Financial stocks drew support from Ecobank, whose first-half 2026 revenue rose 15% to $1.3 billion and pretax profit reached $423 million, according to leFaso.net, although net income of CFA167 billion was held back by risk costs, according to Sika Finance and Agence Ecofin. In telecoms, the sector index edged up just 0.12% to 114.9 despite Sonatel accounting for more than half of the CFA4 billion traded on Aug. 4, according to Sika Finance, after first-half revenue topped CFA1 trillion and profit reached CFA230 billion, Xalima and Sika Finance reported. Corporate actions also shaped the session, with 4 capital increases announced on Aug. 11 for Bank of Africa ML, BN, SN and BF, while SITAB goes ex-dividend at CFA1,707.2 on Aug. 12 and a notice flagged the suspension of the TPCI.O77 bond.