Two stocks cause Index to slide

​The GSE-Composite Index suffered a loss today as the index was down 6.49 points from 1,885.76 points to 1,879.27 points.The change brings the year-to-date return to 11.26%. The GSE-Financial Stock Index was also down 9.29 points, closing trading on Monday at 1,777.52 points. The corresponding year-to-date return on financial stocks is 15.02%. A total of … Continue reading Two stocks cause Index to slide

ALW dominated trading as CAL & EGH dropped

The local bourse slipped for the second session in a row, declining by 3.04 points from 1,886.03 points to close at 1,882.99 points. The GSE-Financial Stock Index also recorded a loss, down 4.1 points to 1,786.28 points. ALW dominated trading on Tuesday in terms of volume, accounting for 61.61% of the 1.62 million shares traded, … Continue reading ALW dominated trading as CAL & EGH dropped

Focusing on the Banking sector of the Ghana Stock Exchange (Part I)

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)

Fri.18.05.12: Ghana Stock Exchange (GSE) Market Update.

Friday, GSE Market Update;CAL Brokers: Courtesy: CAL BrokersIn the market today, the major indices, the GSE-Composite Index and the GSE-Financial Stock Index, gained some ground following price appreciation in two equities.The GSE-Composite Index closed at 1,046.94 points from 1,041.30 points and the financial stock benchmark closed 6.99 points higher at 910.75 points. The year-to-date return on … Continue reading Fri.18.05.12: Ghana Stock Exchange (GSE) Market Update.

Taking a closer look at Unilever Ghana Limited (UNIL)

Today, I want us to focus on Unilever Ghana Limited (UNIL) and it's performance in 2011 and in the year so far. In my earlier post about the 1st Quarter of the Manufacturing sector, I wrote on the current standing of the company on the exchange. UNIL: 1st Quarter Chart on GSE: (courtesy; Bloomberg & GSE) We would look at … Continue reading Taking a closer look at Unilever Ghana Limited (UNIL)

Benso Oil Palm Plantation (BOPP) in the 1st Quarter of 2012 on Ghana Stock Exchange

6 months performance on GSE - BOPP [Oct - Mar]Benso Oil Palm Plantation with GSE stock ticker symbol; [BOPP] is an oil palm producing and processing company and was listed on the GSE on August 30, 2004 when it was converted into the public limited liability. The nature of businesses the company is authorized to … Continue reading Benso Oil Palm Plantation (BOPP) in the 1st Quarter of 2012 on Ghana Stock Exchange

Is CAL Bank undervalued on the Ghana Stock Exchange?

The debate continues everywhere among investors as they keep wondering whether CAL Bank shares on the Ghana Stock Exchange are undervalued. My earlier post on the 2011 year review of CAL bank on GSE has shown clear analysis of CAL as at last year. It showed the potential of CAL's share price rising this year as … Continue reading Is CAL Bank undervalued on the Ghana Stock Exchange?

Ghana Stock Exchange Composite Index: So far in 2012

The Ghana Stock Exchange Composite Index (GSE-CI) includes all ordinary shares listed on the GSE with the exception of those companies whose shares are listed on other exchanges. (e.g.  ETI, TLW).  The base index is 1000 and the index is a market capitalization weighted index.Last year, the index closed at 969.03 (30-12-11) below the base … Continue reading Ghana Stock Exchange Composite Index: So far in 2012

2011 Year Review of CAL Bank on the Ghana Stock Exchange.

Overview of Company CAL Bank Limited formerly Continental Acceptances Limited and then CAL Merchant Bank was incorporated on March 20, 1989 but the bank was licensed in June 1990 and commenced business in July 1990. With issued shares of 238,802,978, CAL Bank is listed on the Ghana Stock Exchange (GSE) and the share price is 0.23p as at December … Continue reading 2011 Year Review of CAL Bank on the Ghana Stock Exchange.

One year GSE Equities Trend Analysis for FML, EBG & GCB

One Year EQUITIES TREND ANALYSIS. [Charts from Databank Financial Services]Fan Milk Limited (FML)   Ecobank Ghana Limited (EBG)  Ghana Commercial Bank (GCB)