BRVM rises 1.16%, led by utilities up 5.77%
The BRVM Composite rose 1.16% to 507.13 points on Aug. 18, while the BRVM-30 added 1.6% to 242.89 and the Composite Total Return gained 1.16% to 203.11. Gains were led by utilities, up 5.77% to 266.47 points, ahead of telecommunications at 121.51 (+2.07%) and energy at 172.17 (+2.01%), while industrials fell 1.19% to 215.09, according to market data. On earnings, SITAB reported stable first-half 2026 profit of CFA18 billion despite higher activity, according to Sika Finance. Separately, Bank of Africa BF, BN, ML and SN announced capital increases on Aug. 18, according to analyst notes, while Africa Intelligence reported Ecobank is counter-attacking after a first-instance ruling in its dispute with Wadivo in Cameroon.
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