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Weekly Flash (Newsletter N°27)

Dear Mr/Mrs,

Please find attached the Weekly Flash from 08-08-2018 to 08-10-2018.

 

 

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 0.85% at 208.45 points recording a negative annual performance so far at 12.49%. The BRVM 10 index is down by 0.60% at 195.53 points but in overall still down by 9.11% from the start of the year. The total market value of shares traded this week was at XOF 882 667 544. Moreover, this week’s volume traded was 1 264 182 shares against 715 478 shares last week.

 

The market breadth was positive (w/w) with 14 gainers and 26 laggards. At the sector level, Infrastructure index was the best performer, growing by 1.65% at 45.85 points. As for Construction index, it acknowledged the most significant drop (-7.69%) at 78.04 points.

 

The worst performances of the week were recorded by:

 

BOA NIGER, which falls by 8.79%, closed to XOF 4 100. SETAO CI turns red with a decline of 7.69% to show a price of XOF 300. NESTLE CI (-7.50%) with a closing price of XOF 2 035, decreased the performance of the Food & Beverage index in loss by 1.4 point. At this trading session, CFAO CI recorded a drop of 7.35% to reach a price of XOF 630. Finally, SGBCI (-6.66%) closed at XOF 11 000 against XOF 11 785 last Friday.

 

The best performances of the week were recorded by:

 

ETI (XOF 22), which shows the most substantial rise with a jump of 4.76%. With an improvement of 3.85%, BOA CI sees its value evolve from XOF 4 285 to XOF 4 450 this Friday. CIE CI raised by 3.33% at XOF 1 550 and recovers colors after its negative performance recorded last week. SERVAIR ABIDJAN grew by 2.86% to reach XOF 1 440 in this trading session. And finally, with an up of 1.56%, BOLLORE TRANSPORT & LOGISTICS ended the list with a price of XOF 3 250.

 

 

 

• Bond Market Summary

 

The bond market ended this week with a decrease of 0.23% at XOF 3 196.28 billion against XOF 3 214.21 billion last week. The reason for this growth is mainly due to the partial reimbursement of the bond “SIFCA 6.90 2013-2021”. The total value traded on the market amounts to XOF 2 506 934 146 for 250 741 bonds traded. The bond “TPCI 5.90% 2016-2026” with 248 939 bonds for XOF 2 489 390 000 was the most liquid, representing 99.30% of the total value traded.

 

 

 

Best regards,