WEEKLY FLASH (Newsletter N°45)
Dear Mr/Mrs,
Please find attached the Weekly Flash from 12-17-2018 to 12-21-2018.
Market Commentaries
- Equity market Summary
Market indexes (BRVM Composite & BRVM 10) end the week with a bad performance (w/w). At the end of this week’s session, BRVM Composite index down by 1.23% at 167.61 points. It annual performance is reduced by 29.63% to reach P/E of 11.07 and an average liquidity ratio of 57.08%.
The total market value of shares traded this week was at XOF 1.45 billion. Moreover, this week’s volume traded was 1 234 579 shares against 2 325 997 shares last week. The market breadth was negative (w/w) with 22 gainers against 13 decliners and 10 shares unchanged. At the sector level, “Oil & Gas” was the best performer, growing by 7.92% at 60.18 points and the “Edition Publication index” knew the strongest drop (-19.57%) at 140.66 points.
The best performances of the week were recorded by:
BOA BURKINA-FASO CI (+30.18%) shows the strongest increase with a closing price of XOF 4 335 for a total transaction value of XOF 42.540 million. At this trading session, BOA NIGER grow to 28.25% to stand at XOF 3 700. With a 15.49% jump, TOTAL CI (XOF 1 230) is driving up the oil and gas sector index (+4.42 points). Other value of Banking & Finance sector, BOA CI (XOF 3 315) grant an up of 10.50%. Finally, ONATEL with an increase of 8.28% closes this upward ranking at XOF 4,250.
The worst performances of the week were recorded by:
NEI CEDA which show the most substantial drop of the week (-19.57%) to XOF 185, remains in negative trend. At this trading session, SGB CI loses 10.65% to stand at XOF 8 220. In the wake of the splitting of its title, CROWN SIEM CI recorded a drop of 8.66% to XOF 290. SONATEL (XOF 16 000) then goes on for a third consecutive week in the red by declining 7.75%. Finally, BERNABE CI (XOF 1 950) ends the week with a decrease of 6.92% to XOF 1 950.
- Bond Market Summary
The bond market ended this week with a decrease of 1.29% at XOF 3 471.11 billion against XOF 3 516.53 billion last week. The reason for this down is the partial reimbursement of the bond “TPCI 5.85% 2014-2021”. The total value traded on the market amounts to XOF 528.147 million for 53 220 bonds traded. The bonds called SUKUK “ETAT DE SENEGAL 6.00% 2016-2026” and “TPCI 6.00% 2016-2028” with respectively 35 000 bonds for XOF 350 million and 12 010 bonds for XOF 120.088 million, were the most liquid, representing 66.27% and 22.47% of the total value traded.
Best regards,
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