Tag Archives: STOCKS

GSE snapshot: 1 loser and 4 gainers [Wednesday February 10, 2016]

GSE closes with 1 loser and 4 gainers on Wednesday February 10, 2016.

  • Volume Traded was 13,938.00
  • Market Capitalization was GHS 57,079.08 m
  • All Share Index was 1,998.51 pts
  • Index Change was 15.72 pts
  • Year-to-Date of 0.18%

At the end of Wednesday’s trading session, 13,938 shares valued at GH¢44,458.93 were traded.

Twelve equities traded with one loser and four gainers. TLW lost six pesewas to close at GH¢27.93 per share. On the other hand, BOPP, ALW and GCB gained one pesewa to close at GH¢3.07, GH¢0.09, and GH¢3.71 per share respectively, whilst ETI gained two pesewas to close at GH¢0.27 per share.

As a result of these stock price changes, the GSE Composite Index gained 0.18 points to close at 1,998.51 representing a year-to-date gain of 0.18%.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

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GSE snapshot: zero lose and 2 gainers [Tuesday February 9, 2016]

GSE closes with zero loser and two gainers on Tuesday February 9, 2016.

  • Volume Traded was 144,754.00
  • Market Capitalization was GHS 56,646.77 m
  • All Share Index was 1,982.79 pts
  • Index Change was 0.97 pts
  • Year-to-Date of – 0.61%

At the end of Tuesday’s trading session, 144,754.00 shares valued at GH¢136.775.45 were traded. Eleven equities traded with zero loser and two gainers. EBG and ALW gained one pesewa to close at GH¢7.06 and GH¢0.08 per share respectively

As a result of these stock price changes, the GSE Composite Index gained 0.97 points to close at 1,982.79 representing a year-to-date loss of 0.61%.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

GSE snapshot: 1 loser and 2 gainers [Monday February 8, 2016]

GSE closes with one loser and two gainers on Monday February 8, 2016.

  • Volume Traded was 54,953.00
  • Market Capitalization was 56,641.47 m
  • All Share Index was 1,981.82 pts
  • Index Change was 9.63 pts
  • Year-to-Date of -0.66%

At the end of Monday’s trading session, 54,953 shares valued at GHS 17,395.16 were traded.

Twelve equities traded with one loser and two gainers. GGBL lost two pesewas to close at GH¢1.97. On the other hand ETI and CAL gained a pesewa and three pesewas each closing at GH¢ 0.25 and GH¢0.96 respectively.

As a result of these stock price changes, the GSE Composite Index gained 9.63 (0.49%) points to close at 1,981.82 representing a year-to-date loss of 0.64%.

Stock market analysts predict a further depreciation of the GSE-CI by some 1.14 points (0.06%) at the end of the next trading session.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

GSE snapshot: 4 losers and zero gain [Friday February 5, 2016]

GSE closes with 4 losers and zero gainer on Friday February 5, 2016.

  • Volume Traded was 833,928.00
  • Market Capitalization was 56,388.58 million cedis
  • All Share Index was 1,972.19 pts
  • Index Change was 8.88pts (lost)
  • Year-to-Date of 1.14%

At the end of Friday’s trading session, 833,928 shares valued at GH¢3,439,613.59 were traded.

Fifteen equities traded with four losers and zero gain. SIC, ETI, SOGEGH and GOIL lost one pesewa to close at GH¢0.19, GH¢0.24, GH¢0.83 and GH¢1.44 per share respectively.

As a result of these price changes, the GSE Composite Index lost 8.88 points to close at 1,972.19 representing a year-to-date loss of 1.14%.

Stock market analysts predict a further depreciation of the GSE-CI by some 4.00 representing 0.2% points at the end of Monday’s trading.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

GSE snapshot: 2 losers and 1 gainer [Thursday February 4, 2016]

GSE closes with 2 losers and 1 gainer on Thursday February 4, 2016.

  • Volume Traded was 1,467,486.00
  • Market Capitalization was 56,637.00 million cedis
  • All Share Index was 1,981.07 pts
  • Index Change was 3.17pts
  • Year-to-Date of 0.69%

At the end of Thursday’s trading session, 1,467,486 shares valued at GH¢5,103,421 were traded.

Fourteen equities traded with two losers and one gainer. MLC and GCB lost one pesewa to close at GH¢0.20 and GH¢3.70 per share respectively. On the other hand, SIC gained one pesewa to close at GH¢0.20 per share.

As a result of these price changes, the GSE Composite Index lost 3.17 points to close at 1,981.07 representing a year-to-date loss of 0.69%.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

GSE snapshot:6 losers and 2 gainers [Wednesday February 3, 2016]

GSE closes with 6 losers and 2 gainers on Wednesday February 3, 2016.

  • Volume Traded was 158,596.00
  • Market Capitalization was 56,654.00million cedis
  • All Share Index was 1,984.24 pts
  • Index Change was 3.28pts (lost)
  • Year-to-Date of – 0.53%

At the end of Wednesday’s trading session, 158,596 shares valued at GH¢ 905,873.94 were traded.

Sixteen equities traded with six losers and two gainers. SOGEGH, EGL, PZC, PBC, and CAL lost one pesewa to close at GH¢0.84, GH¢2.40, GH¢0.31, GH¢0.09 and GH¢0.94 per share respectively, whilst EGL also lost two pesewas to close at GH¢7.05 per share.

On the other hand, SCB gained four pesewas to close at GH¢16.34 per share, whilst BOPP gained one pesewa to close at GH¢3.06 per share.

As a result of these price changes, the GSE Composite Index lost 3.28 points to close at 1,984.24 representing a year-to-date loss of 0.53%.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

GSE snapshot: 1 loser and 1 gainer [Tuesday February 2, 2016]

GSE closes with 1 loser and 1 gainer on Tuesday February 2, 2016.

  • Volume Traded was 1,213,236.00
  • Market Capitalization was 56,672.54 million cedis
  • All Share Index was 1,987.52 pts
  • Index Change was 4.67pts (lost)
  • Year-to-Date of – 0.37%

At the end of Tuesday’s trading session, 1,213,236 shares valued at GH¢728,693.24 were traded. Eight equities traded with one loser and one gainer. CAL lost one pesewa to close at GH¢0.95 per share. Whilst SIC gained one pesewa to close at GH¢0.19 per share. As a result of these price changes, the GSE Composite Index lost 4.67 points to close at 1,987.52, representing a year-to-date loss of 0.37%.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

GSE snapshot: 1 gainer and zero losers [Thursday January 28, 2016]

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GSE closes with 1 gainer and zero losers on Thursday January 28, 2016.

  • Total Volume Traded was 20,428.00
  • Market Capitalization was 109,718.46 million cedis
  • All Share Index was 2,006.29 pts
  • Index Change is 0.36 pts
  • Year-to-Date of 0.57%

At the end of Thursday’s trading session, a total of 20,428 shares valued at GH¢109,718.46 were traded.

Five equities traded with one gainer and no losers. On the other hand, SIC gained one pesewas to close at GH¢0.18 per share. As a result of this price change, the GSE Composite Index gained 0.36 points to close at 2,006.29 representing a year-to-date gain of 0.57%.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

GSE snapshot: 1 loser and 2 gainers [Wednesday January 27, 2016]

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GSE closes with 1 loser and 2 gainers on Wednesday January 27, 2016.

  • Total Volume Traded was 116,543.00
  • Market Capitalization was 56,973.41 million cedis
  • All Share Index was 2,005.93 pts
  • Index Change is 7.74 pts
  • Year-to-Date of 0.55%

At the end of Wednesday’s trading session, a total of 116,543 shares valued at GH¢45,610 were traded. Twelve equities traded with one loser and two gainers.  SIC and ETI gained one pesewa to close at GH¢0.17 and GH¢0.26 per share respectively. On the other hand, TLW lost one pesewa to close at GH¢27.99 per share.

As a result of these price changes, the GSE Composite Index gained 7.74 points to close at 2,005.93 representing a year-to-date gain of 0.55%.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

 

Ghana’s Capital Market: Any hope for 2016?

stocks-up-down.jpgIt’s necessary that the GSE embark on a public education drive early this year (2016) to create awareness about the Ghana Alternative Market (GAX) to get more businesses and investors on board to boost public confidence and strengthen the capital market.

Year 2015 was a very bumpy road for the GSE. The exchange didn’t see much of an excitement as a result of the many factors that befallen the economy translating into negative impacts on businesses across the landscape. Majority of persons who have invested on the market have seen their returns go down by almost 13 percent or even more in some cases. Both foreign and local investors were holding back strategically in anticipation of the right moment to invest their resources as a result of the unfavourable business climate hence depriving the GSE of the expected jolly ride.

The anticipated move by Bank of Ghana (BoG) to further tighten monetary policy if inflationary pressures do not recede as expected will have an impact on the investment environment this year (2016). Measures by government to broaden the tax base and enhance tax compliance, strengthening control of the wage bill and enhancing public financial management will also impact on local and foreign investors going forward.

That notwithstanding, the BoG’s preparedness to increasing resilience and addressing weaknesses in asset classification, as well as the prompt implementation of the new banking laws currently under review by Parliament is essential to safeguarding overall  financial sector stability.

In the nutshell, the investment climate is expected to enjoy some excitements especially in the financial and manufacturing sectors giving the current stable energy situation.

Please remember the value of investments can go down as well as up and you may not get back the amount you initially invested. If you have any doubts about which investment product is right for you please contact your financial adviser.

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