BRVM ends up 0.12% as utilities jump 3.07%
The BRVM Composite rose 0.12% to 406.25 points and the BRVM Composite Total Return added 0.12% to 156.85, while the BRVM-30 gained 0.31% to 192.16. Gains were led by utilities, up 3.07% to 154.57, and energy, up 2.47% to 142.72, while staples fell 1.41% to 258.74 and telecommunications slipped 0.34% to 102.85. ORAGROUP rebounded after several sessions of declines, according to Sika Finance, after publishing first-quarter results to March 31, 2026 and a financial rating on May 5, according to Zonebourse Suisse. In banking, Ecobank Cameroun raised its 2025 dividend to 24.5 billion CFA francs, according to Investir au Cameroun, while Ecobank Togo reported a 9.5% drop in 2025 net profit despite strong commercial growth, Togo First reported. Analyst notes dated May 12 also flagged capital increases for BANK OF AFRICA BF, BN, ML and SN, alongside a reminder of the May 14, 2026 public holiday.
Related stories
BRVM (West Africa) — Dividends and Capital Raisings Dominate as Market Ends at 182.45
The BRVM ended the week nearly flat, with the BRVM Composite Total Return at 182.45 points (-0.07%). Dividend notices and a wave of Bank of Africa capital raisings shaped flows more than headline price moves.
BRVM ends little changed as Ecobank and Sonatel cushion losses
The BRVM Composite Total Return index slipped 0.07% to 182.45 points on July 3, while the BRVM Composite fell 0.18% to 459.7 points and the BRVM-30 was flat at 216.15 points. Losses were led by consumer staples, down 1.6% to 285.08 points, and discretionary consumption, down 0.88% to 206.83 points, while telecommunications rose 0.4% to 109.51 points. Sonatel had already supported the market on June 26, while SITAB’s dividend drew buyers, according to Sika Finance. Ecobank extended its rerating with a 50% gain since mid-April, according to Sika Finance, after reporting 2025 net profit in Gabon of 16 billion CFA francs, up 19% year on year, the same source said.
BRVM rises 0.67% as SONATEL and financials set the pace
The BRVM Composite rose 0.67% to 460.55 points on July 2, while the BRVM-30 added 0.71% to 216.15 points and the BRVM Principal gained 0.86% to 334.37 points. Financials led the move with a 0.91% rise to 212.47 points, ahead of industrials at 0.81% to 218.4 points, in a market already supported in late June by SONATEL and SITAB’s dividend appeal, according to Sika Finance. Telecommunications advanced 0.48% to 109.07 points, while utilities slipped 0.12% to 232.76 points, according to market data. In the background, the Ecobank story remained active with 22.5 billion CFA francs in approved dividends, $40 million paid by Ecobank TI and Ecobank Gabon’s 2025 net profit of 16 billion CFA francs, up 19%, according to APS, Financial Afrik and Sika Finance.