WEEKLY FLASH (Newsletter N°66)
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 1.63% at 163.89 points. And it annual performance is also mitigated by 4.57% to reach P/E of 10.61.
The total market value of shares traded this week was at XOF 1.906 billion. Moreover, this week’s volume traded was 759 271 shares against 766 244 shares last week. The market breadth was mitigate (w/w) with 24 decliners, 12 gainers and 9 shares unchanged. At the sector level, “Infrastructure” was the best performer, growing by 6.80% at 39.86 points and the “Tobacco” knew the strongest drop (-7.69%) at 16.87 points.
The worst performances of the week were recorded by:
BOA BENIN showed the largest drop of the week (-18.28%) to XOF 3 465. At this trading session, BOA BENIN CI (-18.28%) closed at XOF 3 465. The poor performance (-5.18%) of the share mainly led the deterioration observed on the Banking & Finance Index. At this trading session, SOLIBRA CI fell by 13.89% to XOF 31 700. Other bank securities in the red, BOA NIGER (XOF 3 780) and BOA CI (XOF 3 045) stocks, declined by 10.00% and 9.91% respectively. Finally, CFAO CI, which doesn’t confirm the strong rise observed the last week, show a value of XOF 580 for 9.48% drop.
The best performances of the week were recorded by:
SMB CI recorded a strong rise of +11.11% for a closing price of XOF 5 000. At this trading session, CIE CI (XOF 1 385) recorded an up of 10.85%. In a positive trend for three weeks now, SAFCA CI increased by 5.77% to close at XOF 275. With a transaction volume of 1 005 shares, SAPH CI (XOF 2 300) evolved by 5.77%. To end this upward ranking, FILTISAC CI, reached XOF 1 425 for an improvement of 5.56%.
Bond Market Summary
The bond market ended this week with a decrease by 0.34% at XOF 3 649.43 billion against XOF 3 662.05 billion last week. This down is mainly due to the loss of XOF 50 on the price of the bond issue “TPCI 5.90% 2016-2026 – TPCI 22”. The total value traded on the market amounts to XOF 921.92 million for 93 053 bonds traded. The bond “TPCI 5.95% 2017-2024 A” with 49 000 bonds for XOF 487.55 million was the most liquid, representing 52.88% of the total value traded.
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