BRVM flat at 411.59 (-0.1%) despite industrials plunge (-3.85%)
The BRVM closed nearly flat at 411.59 points, down 0.1%. The industrials sector plunged 3.85%, while financial services gained 0.77% and energy rose 1.9%. Jeune Afrique reports on Brelotte Ba's appointment to revive mobile money at Sonatel. Meanwhile, a series of notices indicate capital increases are underway within BANK OF AFRICA subsidiaries.
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BRVM (West Africa) — 1,740 XOF Dividend and BOA Capital Raises Split the Market
In the week through Friday, May 1, 2026, the BRVM gained 0.14% on a total return basis, led by telecoms and utilities. Dividend notices, including SONATEL’s 1,740 XOF payout, and BOA capital raises reshaped trading flows.
BOA NG issues press release
Ecobank leads a flat BRVM as utilities jump 3.68%
The BRVM Composite was flat at 403.38 points and the Total Return index edged up 0.01% to 155.51, while the BRVM Principal rose 1.22% to 283.6 and the BRVM-30 fell 0.43% to 189.49. Trading showed a sharp sector split, with utilities up 3.68% to 147.82 and consumer staples gaining 2.46% to 265.66, against a 2.41% drop in consumer discretionary to 189.45 and a 0.99% decline in telecommunications to 101.47. On the corporate front, Ecobank Côte d’Ivoire approved record 2025 results and outlined its 2026 ambitions, according to Afrimag, while Ecobank Transnational Incorporated released its first-quarter 2026 results, according to Zonebourse. Separately, Ecobank Group plans to raise $500 million to refinance debt, Dabafinance reported, while Ecobank Côte d’Ivoire, BNI, Bank of Africa Côte d’Ivoire and Coris Bank International Côte d’Ivoire mobilised 200 billion CFA francs to support PETROCI Holding on Baleine Phase 2, according to FratMat.