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Market Report Market Report October 2014 MARKET HIGHLIGHTS GSE STOCK INDICES/CAPITALIZATION OCT 2014 YTD CHANGE OCT 2013 YTD CHANGE GSE COMPOSITE INDEX (GSE-CI) 2,249.33 4.85% 2,099.88 75.03% GSE FINANCIAL STOCK INDEX (GSE-FSI) 2,200.28 23.15% 1,731.89 66.55% MARKET CAPITALIZATION (GH¢ M) 64,702.12 5.79% 58,085.16 1.43% DOMESTIC CAPITALIZATION (GH¢ M) 12,317.37 5.32% 11,478.79 73.41% MARKET TURNOVER - EQUITIES OCT 2014 OCT 2013 VOLUME TRADED 9,998,464 24,720,274 VALUE TRADED (GH¢) 18,188,161.24 86,168,346.83 NUMBER OF TRANSACTIONS 2,671 3,071 TRADING DAYS 21 22 NUMBER OF TRADED SYMBOLS 30 31 MARKET DAILY AVERAGES - EQUITIES OCT 2014 OCT 2013 AVERAGE VOLUME TRADED 476,117 1,123,649.00 AVERAGE VALUE TRADED (GH¢) 866,102.92 3,916,743.00 AVERAGE NUMBER OF TRANSACTIONS 127 140 MARKET TURNOVER - EQUITIES JAN TO OCT 2014 JAN TO OCT 2013 VOLUME TRADED 147,169,640 284,475,102 VALUE TRADED (GH¢) 254,995,568.57 387,948,346.64 NUMBER OF TRANSACTIONS 28,755 29,746 TRADING DAYS 187 208 NUMBER OF TRADED SYMBOLS 37 35 LISTINGS OCT 2014 OCT 2013 LISTED COMPANIES 35 34 LISTED EQUITIES ORDINARY SHARES 35 34 DEPOSITORY SHARES 1 1 PREFERENCE SHARES 1 1 EXCHANGE TRADED FUNDS 1 1 NUMBER OF LISTED BONDS CORPORATE 0 0 2 YEAR GOG 97 90 3 YEAR GOG 9 9 5 YEAR GOG 4 3 7 YEAR GOG 2 1 EURO BOND (US$) 1 1 SOVEREIGN BOND (US$) 1 0 DELISTINGS-EQUITIES OCT 2014, OCT 2013) 0 0 BONDS OCT 2014 OCT 2013 VALUE OF LISTED BONDS CORPORATE 0 0 GOG BONDS (GH¢ M) 11,602.16 9,297.88 EURO BOND (US$ B) 1.00 1.00 SOVEREIGN BOND (US$ B) 1.00 N/A VALUE OF LISTED BONDS TRADED (GH¢ M) N/A 0.00 VALUE OF LISTED BONDS TRADED (GH¢ M) - JAN - OCT 2014 1,978.87 0 SELECTED ECONOMIC INDICATORS OCT 2014 OCT 2013 INFLATION RATE YEAR-ON-YEAR (%) ***15.9 13.10 INTEREST RATE (%) 91-DAY T-BILL 25.46 19.89 1 YEAR NOTE 22.50 19.00 2 YEAR NOTE 23.00 19.30 3 YEAR NOTE - - 5 YEAR NOTE - - EXCHANGE RATE US$ 1 to 1 GHANA CEDIS 3.20 2.03 UK£ 1 to 1 GHANA CEDIS 5.19 3.26 1 Euro to 1 GHANA CEDIS 4.06 2.79 *** Inflation figure is, as at August 2014 GSE Market Report - October 2014 1 INDEX SUMMARY NOV-DEC 1990 - OCT 2014 Period High Date Low Date End of Period Index % Change Nov - Dec 1990 77.65 12-Nov 70.08 Dec-21 70.08 0.00 1991 69.77 4-Jan 55.49 May-17 64.51 -7.95 1992 72.90 6-Oct 60.15 Jun-23 62.17 -3.63 1993 132.88 30-Dec 63.29 Jan-05 132.88 113.74 1994 334.02 17-May 132.91 Jan-04 298.10 124.34 1995 322.11 25-Oct 296.32 Mar-22 316.97 6.33 1996 385.80 13-Sep 307.42 Jan-12 360.76 13.82 1997 524.21 8-Dec 346.66 Jan-31 511.74 41.85 1998 1,201.08 6-May 511.66 Jan-07 868.35 69.69 1999 903.17 5-Feb 735.39 Dec-22 736.16 -15.22 2000 873.35 22-Sep 737.16 Jan-03 857.98 16.55 2001 1,025.78 1-Aug 856.00 Feb-07 955.95 11.42 2002 1,395.31 30-Dec 955.95 Jan-02 1,395.31 45.96 2003 3,553.42 31-Dec 1,395.36 Jan-02 3,553.42 154.67 2004 7,469.04 25-Aug 3,558.96 Jan-02 6,798.59 91.33 2005 6,901.36 28-Jan 4,751.17 Dec-22 4,769.02 -29.85 2006 5,006.02 29-Dec 4,692.84 Jan-31 5,006.02 4.97 2007 6,599.77 31-Dec 5,001.15 Jan-11 6,599.77 31.84 2008 10,931.36 3-Oct 6,595.92 Jan-02 10,431.64 58.06 2009 10,431.64 2-Jan 5,098.92 Aug-17 5,572.34 -46.58 2010 7,185.05 1-Jun 5,463.83 Jan-14 6,886.31 32.25 2011 1,189.77 18-May 940.04 Dec-16 969.03 -3.10 2012 1,199.72 31-Dec 968.08 Jan-05 1,199.72 23.81 2013 2,341.60 2-Dec 1,198.29 Jan-03 2,255.52 78.81 Oct 2014 2,439.20 21-Feb 2,145.20 Jan-02 2,239.68 4.85 MARKET ACTIVITIES - NOV-DEC 1990 - OCT 2014 Volume Traded Value Traded Market Cap. - Government Corporate Bonds Period (000) (GH ¢ m) Equities (GH ¢ m.) Bonds (GH ¢ m.) (US$ m.) Nov - Dec 1990 222.00 0.01 3.05 0.50 0.00 1991 1,825.80 0.01 2.96 0.50 0.00 1992 2,044.40 0.02 4.38 0.50 0.00 1993 37,945.47 0.32 9.65 0.50 0.00 1994 93,037.63 7.31 196.84 0.50 0.00 1995 55,838.60 2.71 239.90 - 0.00 1996 35,749.99 2.79 286.27 - 2.55 1997 125,629.14 9.34 255.28 - 4.80 1998 91,446.52 13.40 324.56 - 6.80 1999 49,568.22 6.96 320.54 - 9.50 2000 30,717.09 5.06 365.50 - 11.01 2001 55,295.87 9.23 390.40 100.37 10.20 2002 44,124.20 8.94 618.38 132.69 10.98 2003 96,330.00 38.93 1,261.68 144.24 8.98 2004 104,349.30 65.59 9,761.48 51.63 6.28 2005 81,400.00 46.44 9,185.73 22.50 8.78 2006 98,286.00 47.60 11,249.60 326.15 2.50 2007 287,221.70 140.71 12,368.60 1,333.07 6.40 2008 531,660.00 365.51 17,895.12 1,237.46 6.40 2009 96,767.39 74.19 15,941.92 1,039.14 3.90 2010 330,616.75 151.29 20,116.70 2,576.87 3.90 2011 419,791.08 446.56 47,347.23 3,987.44 3.90 2012 218,134.34 102.20 57,264.22 5,939.25 0.00 2013 313,024.31 456.14 61,158.29 9,260.16 0.00 Oct 2014 147,169.64 255.00 64,702.12 11,602.16 0.00 Total: Dec. 1990 to 3,348,195 2,256.24 Oct 2014 GSE Market Report - October 2014 2 MARKET ACTIVITIES - OCT 2014 Top 10 Volume Leaders Top 10 Value Leaders Symbol Traded Volume % of Total Volume Symbol Traded Value (GH¢) % of Total Value CAL 3,149,032 31.50 GCB 8,467,479.48 46.55 GCB 1,602,691 16.03 CAL 2,976,790.29 16.37 EGL 1,544,175 15.44 EGL 2,547,421.45 14.01 ETI 1,065,712 10.66 GGBL 749,645.25 4.12 PZC 755,521 7.56 EBG 677,584.02 3.73 UTB 572,151 5.72 FML 644,147.36 3.54 GGBL 240,229 2.40 SCB 509,153.11 2.80 AYRTN 194,335 1.94 ETI 324,775.22 1.79 SOGEGH 137,489 1.38 PZC 302,148.10 1.66 GOIL 131,652 1.32 TOTAL 284,248.01 1.56 MARKET ACTIVITIES - JANUARY TO OCT 2014 Top 10 Volume Leaders Top 10 Value Leaders Symbol Traded Volume % of Total Volume Symbol Traded Value (GH¢) % of Total Value CAL 39,722,346 26.99 GCB 46,231,445.44 18.13 ETI 21,425,595 14.56 CAL 36,119,857.17 14.16 GCB 9,804,103 6.66 EBG 32,804,407.23 12.86 SOGEGH 9,334,438 6.34 TOTAL 31,586,966.88 12.39 PBC 7,475,842 5.08 FML 27,352,302.57 10.73 ACI 6,722,027 4.57 SCB 26,061,366.00 10.22 UTB 5,766,894 3.92 EGL 10,058,404.86 3.94 EGL 5,372,272 3.65 SOGEGH 8,403,420.07 3.30 HFC 5,315,626 3.61 HFC 5,939,106.82 2.33 GOIL 5,286,013 3.59 ETI 5,610,335.24 2.20 Market Capitalization - End of Months for 2013 and GSE Composite Index - January to December 2014 2014 (GH¢ M) Month 2014 2013 Month 2014 2013 January 62,128.77 53,093.86 January 2,255.52 1,270.72 February 59,410.63 54,977.25 February 2,420.91 1,482.26 March 58,684.40 57,740.56 March 2,386.34 1,733.47 April 57,728.05 57,505.97 April 2,255.27 1,800.66 May 62,521.48 55,948.29 May 2,319.12 1,884.26 June 62,825.55 55,924.82 June 2,373.38 1,880.26 July 63,544.10 55,778.54 July 2,300.35 1,936.29 August 63,165.19 56,235.85 August 2,200.18 1,989.55 September 64,515.25 56,430.09 September 2,239.68 2,030.96 October 64,702.12 58,085.16 October 2,249.33 2,099.88 November November December December Volume Traded - End of Months - 2013 and 2014 Value Traded - End of Months - 2013 and 2014 (GH¢) Month 2014 2013 Month 2014 2013 January 18,552,660 18,518,954 January 20,686,970.14 9,793,543.52 February 12,521,834 25,577,370 February 23,671,773.73 31,784,662.06 March 9,965,874 24,025,601 March 20,389,737.36 29,954,004.86 April 21,799,119 16,942,034 April 23,837,314.59 40,905,787.38 May 16,619,869 20,227,483 May 27,358,996.95 32,250,423.60 June 19,970,197 82,645,882 June 25,825,994.83 61,371,772.94 July 13,548,995 21,219,668 July 42,522,158.05 24,448,472.99 August 11,074,035 11,812,042 August 20,949,764.67 21,681,592.18 September 13,118,593 38,785,794 September 31,564,697.01 49,589,740.28 October 9,998,464 24,720,274 October 18,188,161.24 86,168,346.83 November November December December Total 147,169,640 284,475,102 Total 254,995,568.57 387,950,359.64 GSE Market Report - October 2014 3 SECTORIAL DISTRIBUTION OF TRADES - OCT 2014 Sector Volume Traded Value Traded (GH ¢) No.
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