FREE

Weekly Flash (Newsletter n°22)

Dear Mr/Mrs,

Please find attached the Weekly Flash from 07-02-2018 to 07-06-2018.

 

Market Commentaries

 

• Equity market Summary

 

Market indexes (BRVM Composite & BRVM 10) ends with a negative performance (w/w). At the end of this week’s session, BRVM Composite index decreased by 1.15% at 218.80 points and record a negative annual performance so far at 8.14%. The BRVM 10 index is down by 0.26% at 205.13 points and in overall still down by 4.64% from the start of the year. The total market value of shares traded this week was at XOF 2.539 billion. Moreover, this week’s volume traded was 1 304 272 shares against 856 692 shares last week.

 

The market breadth was positive (w/w) with 17 gainers and 24 laggards. At the sector level, Chemical was the best performer, growing by 17.14% at 21.30 points. As for Edition Publication index, it acknowledged the most significant drop (-6.25%) at 114.05 points.

 

The best performances of the week were recorded by:

 

UNILEVER CI (+24.19%), which shows the most substantial rise to close at XOF 10 680. This positive trend has been observed since the announcement by the management of a project to recapitalize the company. The achievement of Chemical sector (+3.12 points on the week) is mainly due to AIR LIQUIDE CI (+17.14%) which close at XOF 410. SAPH CI and SICOR CI grew respectively by 7.50% and 7.31% to reach at XOF 3 440 and XOF 3 305 in this trading session. And finally, with an evolution of 7.29%, BERNABE CI closed the list with a price of XOF 2 575 for a transaction volume of 3 483.

 

The worst performances of the week were recorded by:

 

BICICI, which falls by 13.28%, to end at XOF 6 345 this week. TRACTAFRIC MOTORS CI (XOF 148 000) has crumbled by 12.94% and continue the negative cycle in which he has been for the several weeks now. TOTAL CI (XOF 1 755) and TOTAL SENEGAL (XOF 1 500), declined respectively by 12.03% and 10.98%, forcing  the performance of the Oil & Gas sector index to lose 4.40%.. Finally, SIB CI record a drop by 9.72% to reach a price of XOF 1 850.  

 

 

• Bond Market Summary

 

The bond market ended this week with a decrease of 0.12% at XOF 3 230.72 billion against XOF 3 234.74 billion last week. The reason for this down is the partial reimbursement of the bonds “CRRH-UEMOA 5.85% 2016-2026”. The total value traded on the market amounts to XOF 2 160 322 291 for 219 482 bonds traded. The bond “TPCI 5.99% 2015-2025” with 212 315 bonds for XOF 2 101 150 000 was the most liquid, representing 97.26% of the total value traded.

 

 

 

Best regards,