BRVM ends flat as Sonatel and banks underpin the market
The BRVM Composite rose 0.15% to 402.59 points, while the BRVM-30 added 0.17% to 189.81 points, despite a 4.17% drop in utilities to 133.73 points and a 2.01% fall in industrials to 191.59 points. Financials gained 0.53% to 177.46 points as Coris Bank posted a 36% rise in 2025 net profit, according to APAnews, while Ecobank wants to raise $500 million by testing the eurobond market, La Tribune reported. Sonatel underpinned the tone with first-quarter revenue up 7% and profit at 114 billion CFA francs, according to Dabafinance and Sika Finance, even as the telecom index slipped 0.01% to 101.67 points. On shareholder returns, SOGB allocated 12 billion CFA francs to shareholder remuneration, according to Sika Finance, while consumer discretionary jumped 2.96% to 195.33 points.
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