BRVM rises 0.28% as financials add 1.03% amid mixed earnings
The BRVM Composite rose 0.28% to 404.59 points on May 8, while the BRVM-30 gained 0.49% to 191.36 points and the financial services index climbed 1.03% to 180.3 points. The advance in financials contrasted with a 1.86% drop in industrials to 183.95 points and a 1.2% fall in discretionary consumption to 171.71 points, while staples slipped 0.84% to 259.74 points. On earnings, Oragroup increased profit by 37% as cost control offset weaker revenue, rapporte Dabafinance, while Ecobank Togo posted a 9.5% decline in 2025 net profit despite strong commercial growth, according to Togo First. At the same time, Ecobank Cameroun raised its 2025 dividend to 24.5 billion CFA francs, according to Investir au Cameroun, while Ecobank CI grew first-quarter revenue but saw profit pressured by a higher cost of risk, d'après Dabafinance, and SITAB reported 36 billion CFA francs in 2025 profit, down 18%, according to Sika Finance.
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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.