BRVM Composite rises 0.18% as Ecobank CI profit falls on higher risk costs

The BRVM Composite rose 0.18% to 552.75 points and the BRVM-30 added 0.31% to 267.73 points, while the Utilities index dropped 3.59% to 296.79 points. Telecommunications gained 1.4% to 144.01 points, whereas Financial Services fell 0.7% to 257.99 points. Ecobank CI reported an 8.6% drop in net profit at end-June 2026 as risk costs jumped, according to Agence Ecofin. At the same time, the bank posted what Sika Finance described as resilient growth in H1 2026 with total assets exceeding 2,000 billion CFA francs, and appointed Nvalaye Kourouma to lead Consumer & Commercial Banking for Ivory Coast and WAEMU, Agence Ecofin reported.