Рынок БРВМ в Западной Африке продолжил рост в 2026 году: индекс вырос на 3,5%

West Africa's BRVM extended its 2026 rally in the week ended September 4, with the Composite Index rising 3.50% to 548.60 points as buying spread across most of the market. The BRVM 30 gained 3.49% to 265.30, while the Prestige Index rose 1.85% to 199.81. The Principal Index led the benchmarks with a 5.46% increase to 405.70. Trading activity also increased. Volume rose 8.16% to 7.14 million shares, while transaction value jumped 38.24% to XOF 14.18 billion from XOF 10.26 billion a week earlier. Equity market capitalization climbed 3.50% to XOF 21.15 trillion. Sonatel Senegal remained the most traded stock, accounting for XOF 2.05 billion, or 14.44% of weekly turnover. Gains covered most of the exchange, with 31 stocks advancing, 13 falling and 3 unchanged. BIIC Benin led with a 22.35% gain to XOF 10,400. Africa Global Logistics Côte d'Ivoire rose 16.55% to XOF 3,205, while Coris Bank International Burkina Faso gained 13.01% to XOF 33,450 after reporting a 21.18% increase in net banking income and a 23.49% rise in net profit. Bernabé Côte d'Ivoire posted the largest decline, falling 5.43% to XOF 2,175 after gains in prior weeks. Palm Côte d'Ivoire lost 4.26% to XOF 9,000, while Tractafric Motors Côte d'Ivoire fell 3.15% to XOF 4,350. Follow us on WhatsApp | LinkedIn for the latest headlines The bond market moved in the opposite direction. Capitalization fell 1.26% to XOF 12.76 trillion, while XOF 2.4 billion of bonds changed hands. Côte d'Ivoire, Senegal and Benin government issues accounted for 61.02% of total bond turnover. Key Takeaways The latest gains extend a rally that has changed the scale of the BRVM in 2026. The Composite Index ended 2025 at 345.75 points, meaning its September 4 close of 548.60 represents a gain of about 58.7% this year. Equity market capitalization has moved from XOF 13.33 trillion at the end of 2025 to XOF 21.15 trillion, also an increase of about 59%. The breadth of this week's advance matters: 31 stocks rose compared with 13 declines, while trading value increased 38.24%. That suggests the move was supported by more than a few large stocks. Banks remain part of the story. BIIC gained 22.35%, while Coris Bank rose after reporting higher income and profit. At the same time, Sonatel remained the market's most traded company, showing that liquidity is still concentrated in a small group of names. The bond market tells a different story, with capitalization falling 1.26% and turnover concentrated in 3 government issues. For investors, the next question is whether company earnings and dividends can keep pace with share prices. After a gain of almost 59% in 8 months, the market will need profit growth to support higher valuations.