WEEKLY FLASH (Newsletter N°63)
Equity market Summary
This week, the good shape of the stock market, observed for several weeks now, has stopped (w/w). Indeed, most securities drove the market down with a BRVM Composite index decreased by 0.06% at 176.21. However, its annual performance maintained at 2.61% with a PER of 11.51.
The total market value of shares traded this week was at XOF 2.842 billion. Moreover, this week’s volume traded was 1 616 489 shares against 1 611 885 shares last week. The market breadth was mitigate (w/w) with 20 gainers and decliners and 6 shares unchanged. At the sector level, “Oil & Gas” was the best performer, growing by 7.98% at 70.55 points and the “Edition Publication” knew the strongest drop (-11.86%) at 197.69 points.
The worst performances of the week were recorded by:
NEI CEDA CI which show the largest drop of the week (-11.86%) to XOF 260. At this trading session, BOA BURKINA FASO (-10.60%) closed at XOF 4 470. SICABLE CI (XOF 900) started this month of May with a decline of 9.09%. With a down of 7.39%, NSIA BANQUE CI (XOF 3 695) doesn’t confirm the improvement recorded the previous week. VIVO ENERGY CI ends this downward ranking with a decrease of 6.82% to reach a price of XOF 1 025.
The best performances of the week were recorded by:
SMB CI which recorded a strong rise of +24.03% for a closing price of XOF 5 600. Compared to the previous Friday, TOTAL SENEGAL (XOF 1 600) evolved by 13.88%. With a thrust of 8.79% ORAGROUP Togo (XOF 4 890). CIE CI (XOF 1 395) records an up of 8.14% for a total value of XOF 9.23 million. Finally, SOGB CI ended the week with a 7.73% increase to XOF 2 370.
Bond Market Summary
The bond market ended this week with a decrease by 0.11% at XOF 3 553.70 billion against XOF 3 557.65 billion last week. This down is mainly due to the partial reimbursement of the bond issue “CRRH UEMOA 6.00% 2013-2023”. The total value traded on the market amounts to XOF 1.24 billion for 123 137 bonds traded. The bond “ETAT SENEGAL 6.50% 2013-2023” with 72 620 bonds for XOF 729.83 million was the most liquid, representing 59.12% of the total value traded.
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