BRVM Closes Week Higher as Filtisac, BOA Stocks Gain

AFRICAN STOCKS AND FINANCEMarch 10, 2025 at 9:10 AM UTC

TLDR

The BRVM Composite Index edged up 0.22% to 293.14 points at the end of the trading week
Trading volume reached 3.95 million shares, with Ecobank Group leading in transaction activity
Filtisac led the gainers, rising 22.92% to 2,950 FCFA (US$4.67), followed by BOA Burkina

The BRVM Composite Index edged up 0.22% to 293.14 points at the end of the trading week, while the BRVM 30 rose 0.2% to 147.63 points. Trading volume reached 3.95 million shares, with Ecobank Group leading in transaction activity.

Among stocks, 24 advanced, 19 declined, and four remained unchanged. Filtisac led the gainers, rising 22.92% to 2,950 FCFA (US$4.67), followed by BOA Burkina, which climbed 22.03% to 4,210 FCFA (US$6.66). BOA Senegal, SMB, and Sitab also posted strong gains.

On the losing side, Unilever fell 7.5% to 6,475 FCFA (US$10.24), marking the session’s steepest decline. Ecobank Group shed 6.25% to 15 FCFA (US$0.02), while Orange CI, Bernabe, and CFAO Motors also recorded losses.

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Key Takeaways

The performance of BOA Burkina and BOA Senegal highlights investor confidence in the banking sector. Banks across the BRVM region have seen strong earnings growth, benefiting from higher interest rates and digital banking adoption. Despite weakness in consumer stocks like Unilever Côte d'Ivoire, overall market sentiment remains stable, driven by financial sector resilience. The BRVM remains a key frontier market, with investors watching macroeconomic stability and corporate earnings for future direction.

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BRVM

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Filtisac

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