Once upon a time in a village, a man announced to the villagers that he would buy monkeys for Rs 10.The villagers, seeing that there were many monkeys around, went out to the forest and started catching them..The man bought thousands at Rs 10 and as supply started to diminish, the villagers stopped their effort.He … Continue reading How the stock market really works
The performance indicator of the local bourse, the GSE-Composite Index, recovered from its two days loss, following price increments on six stocks. The index closed at 1,990.57, a 0.20% increase from Tuesdays closing of 1,986.51.The GSE-Financial Stock Index was lifted by gains on three financial stocks to close at 1,700.96 from 1,697.03.A total of 0.89 … Continue reading Ghana Stock market recovers as 6 stocks gained.
Many investors are waiting for the GAX to start operating. Some important points or assurance to note about the GAX are as follows: It has been more than four months since the initial schedule for the GAX to start operation. All systems for the operation of the Alternative market are in place and financial resources … Continue reading Ghana Alternative Market (GAX): Some Facts and Figures
GSE Composite Index increased for the second successive session as it went up by 0.21 points to 1,141.14 points which is equivalent to 17.76% year-to-date return.A minimal 0.03 million shares traded on the GSE today and the transactions amounted to GHS0.11 million. SPL was lead equity for the day in terms of volume as its … Continue reading Ghana Stock Exchange Composite Index increased for the second successive session.
Let us see what happened on the Ghanaian stock market so far in this week. Having gone three successive sessions without a positive return, the Ghana Stock Exchange-Composite Index picked up 7.74 points, to close trading at 1,042.37 points. The change brought the year-to-date return to 7.74% as at Monday. Gains in Ecobank Transnational Inc,(ETI) … Continue reading Ghana Stock Exchange recorded a 3rd straight win as new year-highs ended mid-week trading
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