BRVM rises 1.07%, led by consumer and telecom stocks
The BRVM Composite rose 1.07% to 406.18 points on March 27, after a 0.90% drop flagged in analyst notes on March 26. Consumer staples led gains with a 1.94% rise to 264.33 points, ahead of telecommunications up 1.86% at 102.95 points, as Sonatel faces competition from Wave, according to SenePlus. Sika Finance said week 11 showed a market taking a breather, with Total CI and CFAO Motors CI standing out, while discretionary consumption still slipped 0.06% to 196.19 points. In financials, Ecobank is changing shareholder without changing strategy, according to Jeune Afrique, while the financial services index added only 0.31% to 177.05 points.
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BRVM rises 0.29% as energy offsets sharp declines in utilities
The BRVM Composite rose 0.29% to 405.75 points, while the BRVM Composite Total Return gained 0.29% to 156.66 and the BRVM-30 added 0.11% to 191.57. Gains were driven by energy, up 1.84% to 139.28 points, and consumer staples, up 1.04% to 262.43, while utilities fell 2.71% to 149.96 and industrials dropped 2.07% to 180.14. On the corporate front, Ecobank Cameroun raised its 2025 dividend to CFA24.5 billion, according to Investir au Cameroun, while Ecobank Togo reported a 9.5% decline in 2025 net profit despite strong commercial growth, according to Togo First. SITAB posted 2025 profit of CFA36 billion, down 18% year on year, according to Sika Finance, while Oragroup SA released results for the first quarter ended March 31, 2026, reported Zonebourse Suisse.
BRVM (West Africa) — 10 Announcements in 5 Days as Financials Offset a 1.86% Industrial Slide
The BRVM ended the week up 0.28%, with financials rising 1.03% while industrials fell 1.86%. Bank of Africa capital increases and Sonatel’s 1,740 XOF dividend dominated an active Abidjan market.
BRVM (West Africa) — 10 Announcements in One Session as BOA Capital Raises Reshape the Tape
The BRVM ended nearly flat, with the Composite Total Return up 0.03%, but May 7 trading was dominated by 10 official announcements, including several Bank of Africa capital raises. Industrials rose 3.46%, pointing to a broader rotation beyond banks alone.