BRVM ends little changed as industrials rise 1.09% and energy drops 1.99%
BRVM ended mixed on April 1, with the Composite up 0.11% at 408.69 points and the BRVM-30 nearly flat at 191.49 points, as industrials rose 1.09% and energy fell 1.99%. The move extended a consolidation phase flagged in week 11, when Total CI and CFAO Motors CI stood out, according to Sika Finance, while the staples index added another 0.83% to 272.24 points. Financials stayed mildly positive, with the financial services index up 0.11% at 176.87 points, against a heavy Ecobank news flow after the group announced $780 million in financing for women entrepreneurs and a 194% increase in lending to women-led businesses, according to APAnews and Financial Afrik. Coris Bank also drove sector headlines, with Financial Afrik reporting its focus on digital banking and instant payments in Togo, while Investir au Cameroun said the Burkinabe group is nearing entry into Cameroon to strengthen banking supply. Market notices published on April 1 also highlighted 4 Bank of Africa capital increases in Burkina Faso, Mali, Benin and Senegal, alongside an ordinary general meeting at Coris Bank International BF.
Related stories
BRVM (West Africa) — Composite Rises 1.37% as Telecoms Lead, Even With 17 Decliners and BOA Capital Raisings
The BRVM ended the week of October 19-23, 2026 up 1.37%, led by telecoms (+2.70%) and utilities (+1.36%). The advance came despite negative market breadth, with several Bank of Africa capital raisings shaping the week’s tone.
BRVM (West Africa) — Sonatel Draws XOF 944.8m Despite 0.7% Dip as Telecoms Lift the Market
Sonatel Senegal accounted for nearly XOF 944.8 million in turnover on October 22, 2026, even as the stock slipped 0.7%. That liquidity helped keep telecoms up 0.74% while the BRVM Composite advanced 0.33%.
BRVM rises 0.33% as Sonatel splits shares and Ecobank steps up announcements
The BRVM Composite rose 0.33% to 521.99 points on October 22, while the BRVM Composite Total Return added 0.34% to 210.3 points and the BRVM-30 gained 0.33% to 252.87 points. Gains were led by telecommunications, up 0.74% to 143.22 points, while utilities fell 1.39% to 217.76 points and consumer discretionary lost 0.93% to 181.29 points. Sonatel has launched a 1-for-10 share split to make the stock more accessible to investors, according to Africtelegraph and SeneNews. In banking, Coris Bank International appointed 2 executives in Ivory Coast, with Alassane Kabore moving after 7 years in Togo and Nikada Tchanguaï named deputy chief executive, according to Le Nouveau Reporter and Financial Afrik. Ecobank featured in several announcements, including $230.8 million in financing for new strategic projects in Benin, equivalent to CFA138.5 billion for state projects according to Agence Ecofin and APAnews, alongside a CIPS partnership on cross-border payments and the launch of “MoMo” in Kinshasa, Africa News Agency and Actualite.cd reported.