Coris Bank jumps 36% as BRVM Composite gains 0.43%
The BRVM Composite rose 0.43% to 399.03 points on April 17, while the BRVM-30 added 0.58% to 187.37 points, with financial stocks providing support. Coris Bank reported a 36% rise in 2025 net profit, according to APAnews, extending the stock's upward trend highlighted on April 15 by Sika Finance. The financial services index edged up 0.21% to 174.19 points, while BOA Benin posted higher profit despite rising bad loans, Dabafinance reported. Sector moves were uneven, with industrials dropping 3.74% to 188.61 points, while telecommunications gained 1.05% to 101.09 points.
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BRVM slips 0.16% as SOLIBRA earnings drive the session narrative
The BRVM Composite fell 0.16% to 420.33 points on May 26, with consumer staples down 1.08% to 263.8 points while industrials rose 0.69% to 186.14 points. SOLIBRA led corporate headlines after 2025 profit doubled to CFA46 billion and the company said it was continuing in 2026 the momentum of a record 2025, according to Sika Finance. In finance, Ecobank featured across several stories, with the group signing a memorandum of understanding with the AfCFTA Secretariat to support intra-African trade and SMEs, Financial Afrik reported, while La Tribune said it passed its international bond test. Ecobank Senegal also denied the authenticity of a bank statement circulating on social media, according to Senenews, as the financial services index slipped 0.32% to 190.84 points.