BRVM ends flat as industrials rise 2.45% and Ecobank posts 15% revenue growth
The BRVM Composite ended nearly flat at 530.06 points, up 0.02%, while the total return index added 0.06% to 213.26 points. Industrials led with a 2.45% rise to 219.59 points, ahead of telecommunications at 136.57 points (+1.43%), while financials fell 0.88% to 245.26 points and energy lost 0.91% to 176.26 points. The market narrative remained tied to Sonatel, which generated CFA190 billion according to Sika Finance after already accounting for more than 50% of the CFA4 billion traded on Aug. 4, extending the weekly rebound flagged by Dabafinance on Aug. 7. In financials, Ecobank reported H1 2026 revenue up 15% to $1.3 billion and pretax profit of $423 million, while net income at end-June reached CFA167 billion but was held back by risk costs, according to Sika Finance and Agence Ecofin; ETI also cut its board to 12 members, Financial Afrik reported.
Related stories
BRVM (West Africa) — Sonatel Draws XOF 1.66bn in Trades While the Stock Barely Moves
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.
BRVM edges up 0.19% as Coris Bank posts 49% 2025 profit jump
The BRVM Composite rose 0.19% to 537.67 points on October 15, while the BRVM-30 added 0.22% to 260.32 and the Composite Total Return reached 216.6, despite a 2.75% drop in discretionary consumption. Coris Bank International reported a 49% rise in 2025 net profit, according to Financial Afrik and APAnews, adding momentum to a financial segment whose sector index still slipped 0.09% to 243.49 points. Sonatel won shareholder approval for a share split at the October 8 extraordinary meeting, Africtelegraph and Financial Afrik reported, as the telecommunications index climbed 0.77% to 150.72 points. Oragroup SA published results for the half-year ended June 30, 2026, according to Zonebourse, while Ecobank Guinea signed an October 10 partnership with the FGPE to ease access to farm credit, according to Guinéenews, and Ecobank announced $2.6 billion in financing opportunities for SMEs and women entrepreneurs, Matin Libre reported.
BRVM (West Africa) — SAFC Jumps 1.8% Even as Composite Slides 1.33%
SAFC Côte d’Ivoire posted the day’s top gain on the BRVM, rising 1.8% to 4,070 XOF even as the Composite fell 1.33%. Industrials held up with a 0.93% gain, contrasting with weakness in telecoms and utilities.