BRVM falls 0.53% as Ecobank CI posts an 8.6% drop in first-half net profit
The BRVM Composite fell 0.53% to 552.96 points on September 15, while the BRVM Composite Total Return lost 0.51% to 222.62 points. Losses were led by industrials, down 2.24%, alongside utilities at -1.3% and financials at -1.02%, while energy rose 2.2%. In banking, Ecobank CI posted an 8.6% drop in net profit at end-June 2026 as cost of risk jumped, according to Agence Ecofin, even as the bank delivered what Sika Finance described as resilient growth and a balance sheet above CFA2,000 billion in H1 2026. On the corporate front, Nvalaye Kourouma was appointed head of Consumer & Commercial Banking at Ecobank for Ivory Coast and WAEMU, Financial Afrik reported, while Ecobank Benin was named WAEMU's best Treasury Securities Specialist for 2024, according to the same source.
Related stories
BRVM (West Africa) — SAFC Jumps 1.8% Even as Composite Slides 1.33%
SAFC Côte d’Ivoire posted the day’s top gain on the BRVM, rising 1.8% to 4,070 XOF even as the Composite fell 1.33%. Industrials held up with a 0.93% gain, contrasting with weakness in telecoms and utilities.
BRVM slips 0.28% as energy jumps 2.22% and Sonatel stays in focus
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.
SONATEL SN issues communiqué