
BRVM ends little changed as energy rises 2.1% and Ecobank CI shapes the narrative
The BRVM Composite rose 0.08% to 555.9 points and the BRVM Composite Total Return added 0.08% to 223.77 points, while the BRVM-30 slipped 0.03% to 268.98 points. Energy led the market with a 2.1% gain to 183.15 points, while utilities fell 1.12% to 294.35 points and consumer staples lost 0.18% to 281.01 points. In banking, Ecobank Côte d’Ivoire reported an 8.6% drop in net profit at end-June 2026 as cost of risk jumped, even as total assets topped CFA2,000 billion in H1 2026, according to Agence Ecofin and Sika Finance. Financial Afrik also reported the appointment of Nvalaye Kourouma to lead Ecobank’s Consumer & Commercial Banking for Côte d’Ivoire and WAEMU, while analyst notes flagged capital increases on Sept. 14 for Bank of Africa units in Benin, Mali, Senegal and Burkina Faso.
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The BRVM Composite fell 0.28% to 543.91 points and the BRVM Composite Total Return lost 0.28% to 219.12 points, while the BRVM-30 slipped 0.36% to 263.20 points. Losses were led by discretionary consumption, down 1.09%, financial services, off 0.71%, and utilities, down 0.60%, while energy rose 2.22% and industrials gained 0.48%. Sonatel stayed in focus after the Oct. 8 extraordinary meeting on its share split, with the changes outlined on Oct. 9, according to Financial Afrik. In banking, several capital increase notices concerned Bank of Africa BF, BN, ML and SN on Oct. 13, while Ecobank reiterated a $2.6 billion commitment to support women entrepreneurship and agribusiness in Africa, according to L'economiste du faso and Capmad.
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