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WEEKLY FLASH (Newletter n°10)

Dear Mr /Mrs,

Please find attached the Weekly Flash from 04-09-2018 to 04-13-2018.

 

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 0.62% at 237.44 points, recording a negative annual performance so far at 0.31%. The BRVM 10 index declined by 0.09% at 216.60 points. However, in overall since the start of the year, it is down by 0.69%.The total market value of shares traded this week was at XOF 4.82 billion. Moreover, this week’s volume traded was 1 854 300 shares against 852 620 shares last week.

 

The market breadth was positive (w/w) with 14 gainers and 24 laggards. At the sector level, Edition Publication index was the best performer, surging by 30.00% at 238.52 points. And Cables index acknowledged the most significant drop (-17.22%) at 75.95 points.

 

The best performances of the week were recorded by:

 

NEI CEDA CI (+30.00%), which shows the most substantial evolution by ending at XOF 390, continue to confirm its impressive shape. BICICI (XOF 8 000) ranks second in this bullish list with an improvement by 8.11%. CIE CI (XOF 2 150) rose by 7.50% with a gain of XOF 150. TOTAL CI mitigates the underperformance of the Oil & Gas sector index, which is down by 6.55%. SOLIBRA CI close the list with a progress of +5.14% at XOF 112 500.

 

The worst performances of the week were recorded by:

 

VIVO ENERGY CI (XOF 1 225) which fell this week by 17.79%, did not maintain the good shape showed the last week. SICABLE CI decreased by 17.22% from XOF 1 945 to XOF 1 610. The performance of the Agro-processing sector index (-7.40%) is drained by PALM CI (XOF 6 145) and SUCRIVOIRE (XOF 1 570) respectively down by 14.94% and 12.78%. AIR LIQUIDE CI declined by 10.14%, forcing the performance of the Chemistry sector index to lose 3.48 points.

 

 

• Bond Market Summary

 

 

The bond market ended this week with an increase of 0.21% at XOF 3 299.44 billion against XOF 3 292.65 billion last week. The reason for this up is the gain of XOF 60 on the price of the bonds “TPBJ 6.50% 2017-2027”. The total value traded on the market amounts to XOF 1 862 676 for 187 169 bonds traded. The bond “CRRH-UEMOA 6.00% 2014-2024” with 105 020 bonds for XOF 1 044 949 was the most liquid, representing 56.10% of the total value traded.

 

 

 

 

Best regards,