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Weekly Flash (Newsletter N°36)

Dear Mr/Mrs,

Please find attached the Weekly Flash from 10-08-2018 to 10-12-2018.

 

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 1.98% at 187.00 points recording a negative annual performance so far at 21.49%. The BRVM 10 index is down by 1.99% at 180.00 points and in overall still down by 16.33% from the start of the year. The total market value of shares traded this week was at XOF 2 382 147 061. Moreover, this week’s volume traded was 2 808 834 shares against 596 044 shares last week.

 

The market breadth was negative (w/w) with 7 gainers and 26 decliners. At the sector level, Oil & Gas index was the best performer, growing by 3.59% at 63.73 points and the Edition Publication index knew the strongest drop (-13.33%) at 98.84 points.

 

The worst performances of the week were recorded by:

 

NEI CEDA CI (-13.33%) which present the most substantial drop of the week, recorded at XOF 130. This week BOLLORE T& L CI (-11.76%) saw its value evolved from XOF 3000 to XOF 2 655. NESTLE CI lost 11.20% at XOF 1 150 and continues its negative cycle engaged since several weeks now. CIE CI falls by 11.00%, to close at XOF 1 335. Finally, PALM CI with a price of XOF 2 710, induce the low performance of Agro-processing Index in decrease of 1.67 point.

 

The best performances of the week were recorded by:

 

VIVO ENERGY CI (+9.38%) shows the strongest increase with a closing price of XOF 875. TOTAL SENEGAL (XOF 1 390) rose by 6.92% for a total amount traded on the week of XOF 4 136 405. SAFCA CI grew by 6.09 % to reach XOF 5 400. BICI CI (+2.78%) recorded a second consecutive weeks of up and stood at XOF 4 800 this Friday. Finally, after the bad performance observed last week, BOA NIGER (+2.64%) returning to growth and closed this list with a price of XOF 3 690.

 

 

• Bond Market Summary

 

The bond market ended this week with a decrease of 0.42% at XOF 3 273.05 billion against XOF 3 286.90 billion last week. The reason for this down is mainly due to the partial reimbursement of capital of the bond “TPCI 5.85% 2015-2022”. The total value traded on the market amounts to XOF 290 703 144 for 29 278 bonds traded. The bond namely “SUKUK ETAT DU SENEGAL 6% 2016-2026” with 21 000 bonds for XOF 210 000 000 was the most liquid, representing 72.24% of the total value traded.

 

 

Best regards,