BRVM ends flat as industrials jump 3.46% amid bank earnings updates
The BRVM Composite ended nearly flat at 403.46 points, up 0.03%, while Industrials jumped 3.46% to 187.43 and Utilities rose 2.77% to 153.61. News flow centered on financials, with Ecobank Cote d'Ivoire reporting first-quarter 2026 profit of 13 billion CFA francs, although higher cost of risk weighed on earnings, according to Sika Finance and Dabafinance. Oragroup reported a 37% rise in profit as cost control offset lower revenue, Dabafinance said, while Ecobank Togo posted a 9.5% drop in 2025 net profit despite strong commercial growth, according to Togo First. In corporate updates, SITAB posted 2025 profit of 36 billion CFA francs, down 18%, Sika Finance reported, while Ecobank Cameroun raised its 2025 dividend to 24.5 billion CFA francs and Ecobank resumed dividend payments after a record 2025 profit, according to Investir au Cameroun and Africtelegraph.
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