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WEEKLY FLASH (Newsletter n°34)

Dear Mr/Mrs,

Please find attached the Weekly Flash from 09-24-2018 to 09-28-2018.

 

 

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 0.06% at 193.47 points recording a negative annual performance so far at 18.77%. The BRVM 10 index is up by 0.57% at 185.19 points but in overall still down by 13.91% from the start of the year. The total market value of shares traded this week was at XOF 1 363 093 018. Moreover, this week’s volume traded was 506 643 shares against 847 077 shares last week.

 

The market breadth was negative (w/w) with 11 gainers and 25 decliners. At the sector level, Telecommunication index was the best performer, growing by 2.80% at 64.18 points and the Edition Publication index knew the strongest drop (-5.88%) at 121.65 points.

 

The worst performances of the week were recorded by:

 

BOA MALI (10.31%) which present the most substantial drop of the week, it's established at XOF 2 000. This week, TOTAL SENEGAL fell by 8.45% at XOF 1 300. With a decrease of 8.28%, CIE (XOF 1 550) reduced the performance of the Infrastructure index, which fell by 4.95%. At this trading session, SIB CI recorded a loss of 7.06% to reach a price of XOF 2 500. Finally, FILTISAC CI (XOF 2 135), with a contraction of 6.97%, remains in the bad trend engaged since several weeks now.

 

The best performances of the week were recorded by:

 

SMB CI (+19.71%) shows the strongest increase with a closing price of XOF 20 350. BOA SENEGAL CI (+11.63%) and BOA NIGER (+8.11%) sees their values respectively stand at XOF 2 400 and XOF 4 000 at this trading session. After the bad performance observed last week, SOGB CI (XOF 3 000) increased by7.14% this Friday. Finally, BOLLORE TRANSPORT & LOGISTICS CI with an improvement of 6.72% returned to a positive trend in closing this list at XOF 3 095.

 

 

• Bond Market Summary

 

The bond market ended this week with a decrease of 0.08% at XOF 3 290.21 billion against XOF 3 292.94 billion last week. The reason for this down is mainly due to the loss of XOF 5 on the price of the bond “TPTG 6.90% 2018-2023”. The total value traded on the market amounts to XOF 253 209 800 for 25 565 bonds traded. The bond “TPBJ 6.50% 2017-2027” with 17 540 bonds for XOF 173 648 000 was the most liquid, representing 68.58% of the total value traded.

 

 

 

Best regards,