CBL . - Losses in two equities forced the GSE-Composite Index 7.16 points lower, closing at 1,025.18 points, from 1,032.34 points. The year-to-date return on financial stocks fell to -0.17%, as the the GSE-Financial Stock Index shed 9.11 points to close trading at 861.66 points.The trade volume and corresponding trade value declined bymore than 80%, … Continue reading Mechanical Lloyd, MLC, the BMW distributor dominated trade volume by 79.61% on GSE
This week has begun on the Ghana Stock Exchange with smiles on the faces of some investors as equities from different sectors of the economy gained some cedis. There were five gainers namely AngloGold Ashanti, AGA (Mining), Enterprise Group Ltd, EGL (Insurance), Ecobank Transnational Inc. ETI, (Banking), Ghana Oil, GOIL (Oil) and UT Bank, UTB.The … Continue reading Ghana Stock Exchange begins week with five gainers as trade volume hits record high for the year
I am writing this to first of all restore confidence in the market and reveal some golden opportunities that some type of investors overlook in the market. I would use Cocoa Processing Company(CPC) as an example and let investors know what they miss when they look at only one side of issues.Price movement of CPC … Continue reading The Reason Why Cocoa Processing Company (CPC) is a Good Stock on the Ghana Stock Exchange
In the first day of trading this week, ETI, one of the most capitalized stocks on the stock market did not spare any major index but pulled them down. The major indices recorded negative return today, following a decline in ETI stock price. The GSE-Composite Index shed 7.05 points to close trading at 1,023.45. The … Continue reading Ecobank Transnational Incorporated, ETI pulls down the Ghana Stock Exchange
Today's market update revealed that the local bourse failed to maintain its momentum, as losses in two equities brought the 3-day winning streak to an end. The GSE-Composite Index declined by a marginal 0.01% from 1,03058 points to 1,030.47 points. The GSE-Financial Stock Index however, picked up 0.51points to close at 868.76 points, stretching its … Continue reading GSE- Financial Stock Index picked up as SG-SSB dominated in trade volume.
Trading results on Tuesday 7th, August 2012, as I captured in my post: 'GOIL and FML closed at Year Highs,' revealed the trend of these two stocks. This trend continues as they reach new year-highs after 6 days. Yesterday, on the back of upward price changes in five equities, the GSE-Composite Index returned 0.16% today, … Continue reading Fan Milk and GOIL closed at year-highs again as Ghana Stock Exchange had no losers.
The week started on the Ghana Stock Exchange on a very good note for some stocks, as gains in five equities helped the GSE-Composite Index to its sixth successive win, up 1.28 points from 1,036.23 points, to close at 1,037.51 points. The year-to-date return went beyond 7% at 7.07%. A 3.03% rise in SIC's stock price pushed … Continue reading GOIL and Fan Milk closed at year-highs as ETI dominated trading on the Ghana Stock Exchange.
We are in the first half Earnings Season on the Ghana Stock Exchange and in my earlier post about Benso Oil Palm Plantation (BOPP), i.e. Half Year Performance of BOPP, I looked at how BOPP performed on the exchange and for the first half. Below are the various performances for some of the companies listed … Continue reading Earnings Season on the Ghana Stock Exchange: Half Year Reports
The first half financial results for 2012 are coming in from the various companies listed on the Ghana Stock Exchange. Let's look at them one by one, starting from Benso Oil Palm Plantation.An unaudited financial result released by Benso Oil Palm Plantation (BOPP) dated 30th June 2012 reveals that, the company’s profit before tax was … Continue reading Half Year Performance of Benso Oil Palm Plantation (BOPP)