Highlights from Aluworks (ALW)’s Annual Report – Chairman’s Statement

 The company reduced its net LOSS before tax from GHC 3.35 million in 2011 to GHC 2.33 million in 2012. Due to the loss, no dividend will be paid.The recent rights issue to raise additional capital was not too successful. The company could not raise the exact amount it needed to carry out the planned … Continue reading Highlights from Aluworks (ALW)’s Annual Report – Chairman’s Statement

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Week in Focus: How stocks performed on the Ghana Stock Exchange (GSE)

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)

Sector by Sector Market Capitalization for 1st Half, 2012 on Ghana Stock Exchange

Courtesy: CBL ResearchBy the end of the first half of 2012, the most capitalized sector on GSE is the Mining and Oil Sector. This sector had a market capitalization of GHS 48,874.46 million, making 88.81%. This sector can boast of a mining giant, AngloGold Ashanti (AGA), a leading global gold producer, operating in 11 countries and listed on five (5) … Continue reading Sector by Sector Market Capitalization for 1st Half, 2012 on Ghana Stock Exchange

1st Quarter Analysis of the Manufacturing sector on the Ghana Stock Exchange

The Manufacturing sector on the Ghana Stock Exchange (GSE) include stocks like that of Unilever Ghana Ltd. (UNIL), PZ Cussons Ghana Ltd. (PZC), Aluworks Limited (ALW) and the Pioneer Kitchen Limited (PKL). PKL is no more listed on the GSE with effect from 26th March 2012 due to a sanction from the exchange for refusing to … Continue reading 1st Quarter Analysis of the Manufacturing sector on the Ghana Stock Exchange