My desire to know what’s happening every time on the various financial markets in order to invest or advice people to invest properly led me to Blogging and micro-blogging (Twitter ). My type of financial blogging requires an ability to understand what the figures mean with respect to businesses and their financial reports. I have, … Continue reading Getting into Financial Blogging – The eStock Analysis Story
New week, new gains, new losses, the GSE did not show any clear direction. On Monday the Ghana Stock Exchange gained some ground as gains in CAL Bank and Mechanical Lloyd Company (MLC) offset losses in two other equities. The GSE-Composite Index closed at 1,036.48 points, from 1,035.97 points and the GSE-Financial Stock Index closed … Continue reading Week in Focus: How stocks performed on the Ghana Stock Exchange (GSE)
Courtesy: CAL Brokers.In today’s trading, the GSE-Composite Index rose 1.36 points to close at 1,039.28 points. This change brings the year-to-date return to 7.25%. The Financial Stock Index also gained 0.66 points closing at 898.65 points from 897.99 points in the previous session.The total trade volume declined by 89.36% as 0.29 million shares were traded … Continue reading Tues. 22.05.12: Ghana Stock Exchange: Market Update
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)
Friday GSE Market Update:Let's look at what happened in the market today. The market closed on a bad note recording losses in four equities. The GSE-Composite Index closed the week at 1,050.34 points from 1,053.65 points. GOIL dominated trading for the third time in five successive sessions, the sixth in ten sessions, with 67.79% of the 0.4million … Continue reading Ghana Stock Exchange (GSE): Market update for Friday, 11.05.12
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?
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.
Exchange Traded Funds (ETFs) are considered by some financial gurus as an investment product of choice for the inexperienced trader all the way to the professional money managers. In emerging financial markets like that of Ghana, ETFs are yet to see the light of the day. The Ghana Stock Exchange (GSE) announced the introduction of ETFs … Continue reading Listing & Trading Rules are set for ETFs on GSE.
After ten (10) months of trading on the Ghana Stock Exchange (GSE), the Year High of Fan Milk Limited (FML) still remains low comparably, and this is not impressive. Last year, Fan Milk Limited recorded a Year high of GHȻ 10.57 by the close of trading on 10th December, 2010. In that same year, the … Continue reading Year Highs & Lows of Fan Milk Limited on Ghana Stock Exchange