WEEKLY FLASH (Newsletter N °56)
Dear Mr/Mrs,
Please find attached the Weekly Flash from 03-15-2019 to 03-11-2019.
Market Commentaries
- Equity market Summary
Market indexes (BRVM Composite & BRVM 10) end the week with a bad performance (w/w). At the end of this week’s session, BRVM Composite index fell by 0.52% at 173.96 points. Nevertheless, its annual performance has improved by 1.33% to reach P/E of 10.64.
The total market value of shares traded this week was at XOF 1.198 billion. Moreover, this week’s volume traded was 919 078 shares against 2 425 030 shares last week. The market breadth was positive (w/w) with 24 decliners against 13 gainers and 8 shares unchanged.
At the sector level, “Edition Publication” was the best performer, growing by 29.41% at 250.91 points and the “Cables” knew the strongest drop (-14.23%) at 34.00 points.
The worst performances of the week were recorded by:
SICABLE CI which show the largest drop of the week (-14.23%) to XOF 1 115. At this trading session, NSIA BANQUE CI (XOF 4 000) showed a loss of 12.09%. SUCRIVOIRE CI decreased by 9.05% to stand at XOF 905. UNILEVER CI recorded a drop of 7.50% to reach a price of XOF 4 750. TOTAL SN (XOF 1 300) ends this downward ranking with a decline of 6.81% inducing the low performance of the Oil & Gas index.
The best performances of the week were recorded by:
NEI CEDA CI is at the top of the week's rankings. The stock boosted by 29.41% to XOF 330. This Friday, AIR LIQUIDE CI (19.51%) evolved from XOF 410 to XOF 490. With a trading volume of 128 shares, NESTLE CI (XOF 955) gained 15.76%. Compared to the previous week, FILTISAC CI (XOF 1 365) recovered its color with a 9.20% up. Finally, ECOBANK CI ended the week with an increase of 8.36% at XOF 3 630.
- Bond Market Summary
The bond market ended this week with a decrease by 0.06% at XOF 3 478.12 billion against XOF 3 480.23 billion last week. The reason for this down is the loss of XOF 125 on the price of the bond issue called “TPCI 5.90% 2016-2026”. The total value traded on the market amounts to XOF 677.103 million for 68 029 bonds traded. The bond “ETAT SENEGAL 6.30% 2015-2025” with 33 901 bonds for XOF 340.371 million was the most liquid, representing 50.27% of the total value traded.
Best regards,
Phoenix Capital Management is a private financial services provider, created in 2014, specialized in corporate finance advisory and capital market. Our mission is to help you make financial decisions to maximize the value of your companies and portfolio while minimizing risk.
PCM services include among others: Corporate Finance Advisory Structure Finance Funds Raising Discretionary Portfolio Management Investment Advisory Brokerage and Custody Services Debt Restructuring and Securitization Initial Public Offering
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.