FREE

WEEKLY FLASH (Newsletter N°6)

 

Dear Mr /Mrs,

Please find attached the Weekly Flash from 03-12-2018 to 03-16-2018.

 

Best regard

 

 

Market Commentaries

 

 

• Equity market Summary

 

Market indexes (BRVM Composite & BRVM 10) maintain a positive performance (w/w). By the end of this week’s session, BRVM Composite index increased by 1.46% at 240.95 points. However, in overall since the start of the year, it is up by 1.16%. The BRVM 10 index grew by 0.40% at 216.35 points. Recording a positive annual performance so far at 0.57%. The total market value of shares traded this week was at XOF 4.064 billion. Moreover, this week’s volume traded was 1 613 858 shares against 775 500 shares last week.

 

The market breadth was positive (w/w) with 24 gainers and 16 laggards. At the sector level, Construction (BTP) index once again was the best performer, surging by 48.03% at 94.59 points. However, Textile index acknowledged the most significant drop (-10.29%) at 121.70 points.

 

The best performances of the week were recorded by:

 

SETAO CI (+34.62%), which shows the most substantial evolution by ending at XOF 350 continue to confirm its good shape. SUCRIVOIRE (XOF 1 705) shows a strong progress of 31.15% with a gain of XOF 405. The stock seems to regain color after its underperformance of the previous trading. SMB CI rose by +31.03% at XOF 19 000. With a price of XOF 7 500, PALM CI has boosted the Agro-processing sector index (+9.10%). AIR LIQUIDE CI closes this bullish list with a 15.32% growth for a price of XOF 640.

 

The worst performances of the week were recorded by:

 

SAFCA CI which fell this week by 17.53% to end at XOF 18 000. SERVAIR ABIDJAN ranks second in this register with a decrease of 10.53% for a price of XOF 1 700. TOTAL SENEGAL didn’t confirm its rise observed last week and closed at XOF 1 800 for a drop of 8.16% compared to last Friday. TRACTAFRIC MOTORS CI continue declining for the third week now to stand at XOF 231 250 for a 7.5% drop. Finally, SICOR CI has crumbled by 7.40%, draining then XOF 32 370 of his capital to close at XOF 3 850.

 

 

• Bond Market Summary

 

 

The bond market ended the week with a decrease of 0.03% at XOF 2 951.51 billion against XOF 2 952.49 billion last week. The reason for this down is the loss of XOF 50 on the price of the bond “TPBJ 6.50% 2017-2027”. The total value traded on the market amounts to XOF 172 943 210 for 22 168 bonds traded. The bond “SHELTER AFRIQUE 6.60% 2014-2021” with 12 084 bonds for XOF 72 504 000 was the most liquid, representing 41.92% of the total value traded.

 

 

 

Best regards,