BRVM rises 0.16% as industrials jump 2.05%
The BRVM Composite rose 0.16% to 530.92 on Aug. 31, while the Principal index gained 1.37% to 389.96 and the BRVM-30 slipped 0.18% to 255.88. The move was led by industrials at 224.1, up 2.05%, and consumer staples at 289.28, up 2.74%, while telecommunications fell 1.0% to 135.21. Sonatel had already pushed the market to a new high with 190 billion CFA francs, according to Sika Finance, after accounting for more than half of 4 billion CFA francs traded earlier in August. In financials, Ecobank reported first-half 2026 revenue up 15% to $1.3 billion and pre-tax profit of $423 million, according to leFaso.net, while Bloomfield affirmed Coris Bank International's AA and A1 ratings, according to Benin Web TV.
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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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