The BRVM (Bourse Régionale des Valeurs Mobilières) closed higher this week, marking a remarkable fifth consecutive session of gains that was predominantly driven by the performance of large-cap stocks. The Composite Index experienced an increase of 4.09% to reach 387.73 points, while the BRVM 30, which specifically tracks the top 30 companies on the exchange, rose by 2.69% to 180.41 points. Additionally, the BRVM Prestige Index, which includes premium companies, added 0.91% to reach 155.31 points, highlighting a period of steady demand across the regional exchange markets of West Africa.

Several stocks made notable advances during this trading session, with Unilever Côte d'Ivoire leading the rally by climbing 37.3%, pushing its share price to 80,000 FCFA. Other companies such as Ecobank Group and SMB also saw significant growth, with increases of 20.83% and 16.09%, respectively. These gains reflect positive market sentiments and the overall optimism among investors in the region. Despite the strong upward momentum, some stocks experienced declines, including Tractafric Motors Côte d'Ivoire and Sicable, which fell by 6.9% and 6.8%, indicating a mixed performance across different sectors in the market.

The total market capitalization of the BRVM reached an impressive 14,949 billion FCFA, signaling robust trading activity during the week, with a turnover of 1.38 billion FCFA. Notably, Sonatel, a key player in the telecommunications sector, accounted for approximately 18.17% of the trading volume, further showcasing the active participation of major companies on the exchange. This performance suggests a positive economic outlook for the region as investors continue to engage with the market despite underlying challenges.