Everyone is looking forward to MTN's IPO. "Chaley... I dey save towards am oo" - they keep saying. When the IPO comes they will call to ask if they should buy the IPO or wait and buy after the IPO. Even if you tell them 'Yes, buy,' they won't and wait till the price skyrocket … Continue reading MTN IPO & the way some of you will behave
Crazily interesting things happening on the Ghana Stock Exchange. I just don't understand how 100 shares traded in BOPP can move the price up by a whopping 9 pesewas to close at 5.75ghc per share. This move pushed BOPP higher in it's YTD performance. GSE must do something about this kind of trades changing the … Continue reading Drama on GSE as investing in stocks gets better
Today marks the 5,074th trading session on the Ghana Stock Exchange and as at this point of the market and this year so far, below are the performers on the exchange considering their YTDs. (Courtesy: HFC Brokerage Ltd ). Best Performers: Worst Performers: As you can see, the poor performing stocks have really fallen deep and for … Continue reading The Opportunity in Poor Performing stocks: A glance at GSE.
The stock market returned 0.36% at the close of trading today, following gains in five equities. The GSE-Composite Index and the GSE-Financial Stock Index closed at 2,275.74 points and 2,100.02 points respectively. The 8.15 points leap in the market benchmark pushed the year-to-date return to 34.73%. A total of 0.76 million shares were traded for … Continue reading Investors get richer as Ghana Stock market records win again & again
Enterprice Group Ltd (EGL) reached a new year-high after gaining GHS0.19 pesewas to close at GHS2.65. #GSE #Stockmarket — Patrick Edem Agama (@peagama) August 2, 2017 The GSE Composite index closed at 2,253.98 points, a 0.09% increase from Tuesday’s closing of 2,251.91 points. The GSE-Financial Stock Index also went up to close trading at 2,073.85 … Continue reading GSE Market Update: EGL reaches new high
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