BRVM falls 1.38% despite industrials gaining 3.16%
The West African market closed lower on March 23rd, with the composite index falling 1.38% to 402.99 points. All sectors except utilities (+0.88%) and industrials (+3.16%) posted losses, led by telecommunications (-2.14%) and consumer staples (-2.48%). This negative momentum overshadows multiple capital increases by Bank of Africa group highlighted in analyst reports. Meanwhile, regional press covers banking expansion and inclusive finance initiatives.
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