The GSE Composite Index lost 2.23 points, after ETI stocks recorded a negative price change. The benchmark index closed today's trading at 1,796.31 points, with a year-to-date return of 6.35%. The GSE-Financial Stock Index also recorded a negative return of 0.25% as one financial stock slipped. The index closed trading today at 1,684.95 points from … Continue reading GSE recorded the highest single trade ever (Ghc 221.78mn)
The GSE-Composite Index fell 0.41 points from 1,777.33 points to 1,776.92 points, following losses on CAL share price. The resulting year-to-date return was -10.93%.The GSE financial stock also lost ground, dropping 0.89 points to close trading at 1,652.55 points.The total value traded was GHS13.55 million, more than twice of the mide-week's trade value of GHS5.45 … Continue reading GSE-CI drops following decline in CAL stock price
CAL:CAL Bank Ltd, (CAL) a GSE listed stock reported a 9-months profit after tax of GHS 64.86 million, up 115% year on year. Total Assets grew by 39% from GHS1.02 billion in Q3 2012, to GHS 1.42 billion. The bank experienced a 50.3% growth in the loan book, from GHS 639.00 million in Q3 2012, … Continue reading CAL Bank & StanChart’s Earnings up for 3rd Quarter
The GSE recovered from Tuesday's loss, following price appreciation on four stocks. The market returned 0.20% today as the GSE-Composite Index climbed 3.66 points to close mid-week trading at 1,835.76. Currently, the year-to-date return on the bourse is 53.02%. The year-to-date return on financial stocks rose 68bps to 55.61% as CAL and GCB drove the … Continue reading CAL Bank and GCB drove the GSE-Financial Stock Index to a record high: Find out how?
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
Trading began on Tuesday this week because of the holiday. The stock market's five-day winning streak for last week was halted as losses in two equities forced the GSE-Composite Index 7.08 points lower at 1,038.40 points. The GSE-Financial Stock Index recorded a 1.01% decline to close at 890.79 points, as the losses recorded on Tuesday … Continue reading Guinness Ghana Brewery Ltd. (GGBL) dominated trading with 43.05% of the trade volume to close the week on GSE
CAL Brokers (CBL): Further decline in the major indices on the Ghana Stock Exchange (GSE), means performance in the month of May has been the worst this year, with 13 losses in 21 sessions. The GSE-Composite Index returned -0.05%, following losses in two equities, to close trading at 1,022.95 points, down 0.54 points. The change represents … Continue reading Ghana Stock Exchange: Market Update [ 31.05.12 ]
The financial sector on the Ghana Stock Exchange includes banking and non-banking stocks. There are seven (7) banks on the exchange, six of which operate in the country and one in Gambia, (Trust Bank ltd, TBL). The banks operating in Ghana include CAL Bank (CAL), Ecobank Ghana (EBG), Ghana Commercial Bank (GCB), HFC Bank (HFC), … Continue reading Focusing on the Banking sector of the Ghana Stock Exchange (Part I)
Most people have been asking me about who to contact if they want to start an investment. I have realized that most people in Ghana do not know who to contact or where to go in order to buy shares of companies listed on the Ghana Stock Exchange. I must admit that, some brokers in Ghana … Continue reading Market Participants: List of Stock Brokerage Firms in Ghana
Tuesday GSE Market Update:The second day of trading on the Ghana Stock Exchange this week has ended with some equities trading shares.A 3.26% price gain in Tullow Oil (TLW) pushed the GSE-Composite index up, despite losses in two equities, to close the day at 1,048.50 points from 1,048.38 points. The change brings the year-to-date return … Continue reading Tues. 15.05.12: Ghana Stock Exchange (GSE) Market Update.