WEEKLY FLASH of 11/25/2016
Stock Market
This week was marked by the bad performances recorded by most of the stocks decreasing BRVM Composite Index of 1.51 points, then a 0.54% decline compared to last week. Reducing its annual performance by 8.17% to reach a PER of 22.21 and a liquidity ratio of 32.40%. The weekly transactional flow stood at XOF 3.42 billion at 43.32% drop against last week. The volume traded is 998 521 shares against 1 000 231 shares previous week.
The lowest performances of the week were recorded by:
SIB CI, which had the largest drop of the week (-11.35%) at XOF 20 500, recorded its first poor performance after two improving weeks. VIVO ENERGY CI closed at XOF 3 300 showed and decline by 8.33% compared last week where it showed an increase of +7.46%. CROWN SIEM CI lost 7.49% to end at XOF 32 925. After three consecutive weeks without variation, the stock MOVIS CI lose XOF 370 and close at XOF 4 600. Finally, TOTAL CI (XOF 16 300) completed this week into the red (-6.32%).
The best performances of the week were recorded by:
TRACTRAFRIC MOTORS CI (+10.55%), which shown the strongest up of the week to XOF 397 995 and seems flourish after its poor performance last week. CIE CI reports an improvement of 6.75% at XOF 71 990 after two consecutive weeks in the difficulties. The stock BERNABE CI recorded +6.06% to reach XOF 175 000 and seems to start an upward trend. SODECI CI grew by 5.80% to close at XOF 73 000. Finally, SITAB CI (XOF 155 000) ended this week into the green (+5.19%) comparatively to the previous week where it was into the red.
Bond Market
The bond market ended the week with a slight up of 0.01% at XOF 2 437.68 billion against XOF 2 437.33 billion last week. This increase is explained by the rise in price (XOF 45) at XOF 10 046 of its bond “TPCI 6.30% 2013-2018 ". The total value traded on the market amounts XOF 4.22 billion for 420 074 bonds. The bond “TPCI 6.30% 2013-2018†with 400 000 bonds for XOF 4.02 billion was the most liquid, representing 95.15% of the total value traded.
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