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WEEKLY FLASH (Newsletter N°37)

Dear Mr/Mrs,

Please find attached the Weekly Flash from 10-15-2018 to 10-19-2018.

 

 

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 2.89% at 181.59 points recording a negative annual performance so far at 23.76%. The BRVM 10 index is down by 3.13% at 174.36 points and in overall still down by 18.95% from the start of the year. The total market value of shares traded this week was at XOF 1 486 674 229. Moreover, this week’s volume traded was 1 353 807 shares against 2 808 834 shares last week.

 

The market breadth was negative (w/w) with 9 gainers and 28 decliners. At the sector level, Automotive  Suppliers index was the best performer, growing by 2.06% at 17.01 points and the Oil & Gas index knew the strongest drop (-10.56%) at 57.00 points.

 

The worst performances of the week were recorded by:

 

UNIWAX CI (-15.44%) which present the most substantial drop of the week, recorded at XOF 2 355. This week SICABLE CI (-14.58%) saw its value evolved from XOF 1 200 to XOF 1 025. TOTAL CI lost 14.06% at XOF 1 375 and continues its negative cycle engaged since several weeks now. SMB CI falls by 13.24%, to close at XOF 17 005. Finally, SIB CI with a price of XOF 2 050, induce the low performance of Agro-processing Index in decrease of 1.05 point.

 

The best performances of the week were recorded by:

 

BOA MALI (+13.75%) shows the strongest increase with a closing price of XOF 2 275. CFAO CI (XOF 625) rose by 4.17% for a total amount traded on the week of XOF 8 404 630. SAPH CI grew by 2.00% to reach XOF 3 060. BOA NIGER (+1.63%) recorded a second consecutive weeks of up and stood at XOF 3 750 this Friday. Finally, after the bad performance observed last week, ONATEL BF (+1.48%) returning to growth and closed this list with a price of XOF 3 780.

 

 

• Bond Market Summary

 

The bond market ended this week with a decrease of 0.01% at XOF 3 272.88 billion against XOF 3 273.05 billion last week. The reason for this down is the loss of XOF 10 on the price of the bond “TPBJ 6.50% 2017-2027”. The total value traded on the market amounts to XOF 311 446 645 for 31 145 bonds traded. The bond namely “TPCI 5.90% 2016-2026 A” with 30 490 bonds for XOF 304 900 000 was the most liquid, representing 97.90% of the total value traded.

 

 

 

Best regards,