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WEEKLY FLASH (Newletter n°9)

Dear Mr /Mrs,

Please find attached the Weekly Flash from 04-02-2018 to 04-06-2018.

 

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 1.50% at 238.91 points, but recording a positive annual performance so far at 0.30%. The BRVM 10 index declined by 0.69% at 216.80 points. However, in overall since the start of the year, it is still up by 0.78%.The total market value of shares traded this week was at XOF 2.91 billion. Moreover, this week’s volume traded was 852 620 shares against 1 763 795 shares last week.

 

The market breadth was positive (w/w) with 15 gainers and 25 laggards. At the sector level, Edition Publication index was the best performer, surging by 20.00% at 183.48 points. And Textile index acknowledged the most significant drop (-7.35%) at 120.36 points.

 

The best performances of the week were recorded by:

 

NEI CEDA CI (+20.00%), which shows the most substantial evolution by ending at XOF 300, continue to confirm its impressive shape. SUCRIVOIRE CI (+12.50%) mitigates the underperformance of the Agro-processing sector index, which is down slightly by 0.01%. SERVAIR ABIDJAN CI shows a strong progress of +8.60% at XOF 1 895. CFAO CI (XOF 715) rose by 6.72% with a gain of XOF 45. VIVO ENERGY close the list with an improvement of 6.43% for a price of XOF 1 490.

 

The worst performances of the week were recorded by:

 

TOTAL CI (XOF 2 035) which fell this week by 11.52%, breaks the positive cycle in which he has been for the several weeks. SOLIBRA CI decreased by 10.83% from XOF 120 000 to XOF 107 000, following the announcement of its 2017 results which  are down by 85% compared to the same period last year. BOA SENEGAL (XOF 2 595), BOA BURKINA -FASO (XOF 6 245) and BICICI (XOF 7 400), declined respectively by 10.52%, 9.49% and 7.44%, forcing  the performance of the Bank and Financial Institution sector index to lose 2.16 points.

 

 

• Bond Market Summary

 

 

The bond market ended this week with an increase of 9.38% at XOF 3 292.65 billion against XOF 3 010.35 billion last week. The reason for this up is the first listening of the bonds “TPCI 025 and TPCI 026”. The total value traded on the market amounts to XOF 572 819 000 for 57 343 bonds traded. The bond “SUKUK ETAT DU TOGO 6.5% 2016-2026” with 45 250 bonds for XOF 452 500 000 was the most liquid, representing 80.98% of the total value traded.

 

Best regards,