WEEKLY FLASH (Newsletter N°68)
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 0.87% at 161.47 points and it annual performance is remains mitigated by 5.97% to reach P/E of 9.35.
The total market value of shares traded this week was at XOF 944.412 million. Moreover, this week’s volume traded was 460 734 shares against 429 084 shares last week. The market breadth was descending (w/w) with 22 decliners, 13 gainers and 11 shares unchanged. At the sector level, “Cables” was the best performer, growing by 7.18% at 31.63 points and the “Packaging” knew the strongest drop (-7.71%) at 25.62 points.
The worst performances of the week were recorded by:
NESTLE CI showed the largest drop of the week (-17.46%) to XOF 780. The deterioration observed on CROWN SIEM CI (-13.33%), has induced the bad performance recorded by the Packaging Index. At this trading session, BOA CI fell by 13.09% to stand at XOF 2 590. This Friday, BOLLORE 8.38% begins June with a negative trend of 8.38% to reach XOF 1 695. Finally, BOA MALI declined by 8.14% for a closing price of XOF 2 200.
The best performances of the week were recorded by:
BICICI recorded a strong rise of +8.24% for a closing price of XOF 4 600. With a transaction volume of 659 shares, SICABLE CI (XOF 970) recorded an up of 7.18%. The stock SOGB CI evolved by 4.50% to show a price of XOF 2 090. SUCRIVOIRE CI returns to the growth with an increase of 5.00% to close at XOF 845. To end this upward ranking, SERVAIR ABIDJAN CI, reached XOF 1 450 for an improvement of 3.57%.
Bond Market Summary
The bond market ended this week with a decrease by 0.06% at XOF 3 614.06 billion against XOF 3 616.07 billion last week. This down is mainly due to the partial reimbursement of the bond issue “ORAGROUP 6.75% 2013-2019”. The total value traded on the market amounts to XOF 343.74 million for 34 734 bonds traded. The bond “TPBF 6.50% 2018-2025 (TPBF 06)” with 30 000 bonds for XOF 296.7 million was the most liquid, representing 86.31% of the total value traded.
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