BRVM rises 0.17% as Sonatel and financials support the market
The BRVM Composite Total Return rose 0.17% to 213.06 points and the BRVM-30 added 0.19% to 256.23 points, while the Principal index gained 0.66% to 385.35 points. Financials climbed 0.54% to 245.54 points and utilities rose 0.53% to 286.25 points, extending momentum flagged by Sika Finance after Sonatel booked CFA190 billion and pushed the market to a fresh high on Aug. 19. Industrials fell 1.61% to 219.4 points, even as SITAB reported stable first-half profit of CFA18 billion despite higher activity, according to Sika Finance. On governance, ETI cut its board to 12 members and removed directors’ term limits, according to Financial Afrik, while 4 Bank of Africa units announced capital increases on Aug. 24, according to analyst reports.
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Sonatel Senegal absorbed XOF 1.66 billion in turnover on October 15, 2026, far ahead of the rest of the market, even as the stock rose just 0.1%. That contrast highlights sector rotation on the BRVM, where telecoms gained 0.77% despite mixed breadth.
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