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WEEKLY FLASH FROM 04-16-2018 TO 04-20-2018 (Newsletter n°11)

Dear Mr /Mrs,

Please find attached the Weekly Flash from 04-16-2018 to 04-20-2018.

 

Best regard

 

 

Market Commentaries

 

 

• Equity market Summary

 

Market indexes (BRVM Composite & BRVM 10) ends with a negative performance (w/w). By the end of this week’s session, BRVM Composite index decreased by 1.07% at 234.91 points, recording a negative annual performance so far at 1.38%. The BRVM 10 index declined by 0.15% at 216.27 points, but in overall it is up by 0.53% since the start of the year. The total market value of shares traded this week was at XOF 29.46 billion. Moreover, this week’s volume traded was 7 797 273 shares against 1 854 300 shares last week.

 

The market breadth was positive (w/w) with 11 gainers and   27 laggards. At the sector level, Edition Publication index was the best performer, surging by 39.74% at 333.32 points. And Chemical index acknowledged the most significant drop (-14.52%) at 26.31 points.

 

The best performances of the week were recorded by:

 

NEI CEDA CI (+39.74%), which by showing the most substantial evolution ending at XOF 545, continue to confirm its impressive shape. MOVIS CI (XOF 3 100) ranks second in this bullish list with an improvement of 3.33% and pulls up the Transport Sector index which appears at 69.65 points against 68.20 last week. UNIWAX CI (XOF 3 200) rose by 3.23% with a gain of XOF 100. SICABLE CI (+2.48%) seems to regain color after its underperformance of the previous trading. SOGB CI close the list with a progress of +2.40% from XOF 4 590 to XOF 4 700.

 

The worst performances of the week were recorded by:

 

AIR LIQUIDE CI which lost XOF 90 this week to close at XOF 530, shows a decline of 14.52%. SOLIBRA CI deceased by -13.67% from XOF 112 500 to XOF 97 125. SMB CI (XOF13 005) which fell by 13.33%, continuing its downtrend. BOA MALI declined by 7.75% to achieve a price XOF 3 690. Lastly, the underperformance of the Agro-Industry sector (-3.13%) is mainly due by SICOR CI (XOF 3 575) which down by 7.38%.

 

 

• Bond Market Summary

 

 

The bond market ended this week with a decrease of 0.02% at XOF 3 298.73 billion against XOF 3 299.44 billion last week. The reason for this down is the loss of XOF 55 on the price of the bonds “TPCI 5.99% 2015-2025”. The total value traded on the market amounts to XOF 34 482 409 for 3 501 bonds traded. The bond “ETAT SENEGAL 6.50% 2013-2023” with 2 427 bonds for XOF 24 269 997 was the most liquid, representing 70.38% of the total value traded.

 

 

 

Best regards,