BRVM falls 0.74% as Ecobank posts CFA167 billion in H1 net profit
The BRVM Composite fell 0.74% to 482.28 points and the total return index lost 0.69% to 192.75, with industrials leading declines at 4.56% to 200.22. Telecommunications dropped 1.54% to 111.9 and utilities lost 1.09% to 219.78, while energy rose 2.41% to 163.28. Ecobank reported net profit of CFA167 billion at end-June 2026, held back by Nigerian cost of risk despite double-digit growth, according to Sika Finance, Agence Ecofin, Financial Afrik and Capmad. SITAB also stayed in focus ahead of a net dividend of CFA1,707.2 going ex on August 12, 2026, amid debate over the sustainability of its yield, according to Sika Finance.
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