BRVM Weekly Recap: Unilever Leads Gains, Composite Index Mild Decline

BREAKING NEWSApril 28, 2025 at 9:40 AM UTC

TLDR

The BRVM Composite Index (BRVM-CI) edged down 0.45% to close at 287.27 points last week, despite a 4-week gain of 1.16% and a year-to-date advance of 4.08%
Unilever Côte d'Ivoire led gainers with a 24.17% surge, followed by Setao (+14.16%), SAPH (+13.16%), SOGB (+10.88%), and Air Liquide (+8.60%)
Sector-wise, the BRVM Agricultural Index outperformed with a 5.36% weekly gain, while the BRVM Prestige Index fell 0.89%

The BRVM Composite Index (BRVM-CI) edged down 0.45% to close at 287.27 points last week, despite a 4-week gain of 1.16% and a year-to-date advance of 4.08%.

Unilever Côte d'Ivoire led gainers with a 24.17% surge, followed by Setao (+14.16%), SAPH (+13.16%), SOGB (+10.88%), and Air Liquide (+8.60%). Setao closed at XOF 645 per share, while SAPH and SOGB closed at XOF 5,030 and XOF 5,910, respectively. On the losing side, BOA Burkina fell 8.89%, Safca dropped 7.14%, and CFAO Motors lost 6.56%. Filtsac and Onatel also posted declines of 3.28% and 3.85%, respectively.

Ecobank Transnational saw the highest trading volume, with 44,673 shares exchanged. Sector-wise, the BRVM Agricultural Index outperformed with a 5.36% weekly gain, while the BRVM Prestige Index fell 0.89%. Principal and Other Sectors indices showed marginal gains.

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Points clés à retenir

The BRVM market saw mixed performance this week, with strong sector-specific rallies and notable underperformance in select financial and industrial stocks. Unilever’s sharp gain reflects investor confidence in consumer goods' resilience amid a volatile economic backdrop. Agriculturally linked stocks like SAPH and SOGB also benefited from optimism around commodity prices and defensive sector rotation. Conversely, pressure remains on segments tied to industrials and financial services, where BOA Burkina and CFAO Motors registered sharp losses. The Agricultural Index's outperformance suggests investors are increasingly seeking exposure to sectors linked to real asset value and export earnings. Meanwhile, a slight weakness in broader indices like BRVM-CI points to cautious sentiment ahead of mid-year earnings reports. Trading volumes were relatively concentrated among a few names, with Ecobank Transnational, Filtsac, and SOGB driving most activity. Investors will watch for corporate earnings and macroeconomic signals in the coming weeks to gauge market direction.

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