FREE

WEEKLY FLASH (Newletter n°8)

Dear Mr /Mrs,

Please find attached the Weekly Flash from 03-26-2018 to 03-30-2018.

 

Best regard

 

 

Market Commentaries

 

 

• Equity market Summary

 

Market indexes (BRVM Composite & BRVM 10) maintain a positive performance (w/w). By the end of this week’s session, BRVM Composite index increased by 0.51% at 242.54 points. Recording a positive annual performance so far at 1.83%. The BRVM 10 index declined by 0.11% at 218.31 points. However, in overall since the start of the year, it is up by 1.48%.The total market value of shares traded this week was at XOF 3.46 billion. Moreover, this week’s volume traded was 1 763 795 shares against 3 220 884 shares last week.

 

The market breadth was positive (w/w) with 22 gainers and 19 laggards. At the sector level, Edition Publication index was the best performer, surging by 35.14% at 152.90 points. And Automotive Suppliers index acknowledged the most significant drop (-10.57%) at 21.86 points.

 

The best performances of the week were recorded by:

 

NEI CEDA CI (+35.14%), which shows the most substantial evolution by ending at XOF 250 continue to confirm its impressive shape. UNIWAX CI (XOF 3 400) shows a strong progress of 16.64% with a gain of XOF 485. SICABLE CI rose by +14.29% at XOF 2 000. ECOBANK CI (XOF 27 495) and BOA BURKINA FASO (XOF 6 900) close the list by pulling up the index of the Banking and Financial Institutions sector respectively by 9.96% and 9.70%.

 

The worst performances of the week were recorded by:

 

SETAO CI (XOF 395) which fell this week by 19.39% breaks the positive cycle in which he had been for several weeks. CFAO CI ranks second in this register with a drop of 13.55% for a price of XOF 670. SODECI lost XOF 520 to XOF 4 070 for a 11.33% drop. AIR LIQUIDE CI has crumbled by 7.80%, draining then XOF 1 386 170 of his capital to close at XOF 650. Finally, SAFCA CI closed to XOF 7 400 for a 7.50% drop.

 

 

• Bond Market Summary

 

 

The bond market ended the week with an increase of 2.46% at XOF 3 010.35 billion against XOF 2 938.04 billion last week. The reason for this up is the first listening of the bond “ETAT DU BURKINA-FASO 6.50% 2017-2024”. The total value traded on the market amounts to XOF 1 829 700 for 186 bonds traded. The bond “ETAT DU BURKINA-FASO 6.50% 2017-2024” with 100 bonds for XOF 1 000 000 was the most liquid, representing 54.65% of the total value traded.

 

 

Best regards,