DOCSLIB.ORG

Last Update: December 15, 1999

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Last Update: December 15, 1999 OFFERING MEMORANDUM Quantum Terminals Plc LEI No.: 21380066TI76CPD41811 (Incorporated in Ghana on March 24, 2011 with registration number CA-87,037 as a private company limited by shares) (Converted to a public company limited by shares on October 31, 2016 with registration number PL000372016) (the Issuer) GHS 140,000,000 Domestic Medium Term Note Issuance Programme (the Programme) THE PROGRAMME The Programme is described fully in the attached offering memorandum (the Offering Document), the full text of which, save where amended below, is included in this Offering Memorandum and forms a part of it. The definitions in the Offering Document (except as otherwise stated) apply throughout this Offering Memorandum. ADDITIONAL INFORMATION ABOUT THIS OFFERING MEMORANDUM If the attached Offering Document remains subject to completion or amendment, this Offering Memorandum similarly remains subject to completion or amendment. No person has been authorised to give any information or to make any representation other than those contained or incorporated by reference into this Offering Memorandum and any decision to purchase securities should be based solely on information contained or incorporated by reference in this document. Application has been made to the London Stock Exchange for the Notes to be admitted to trading on the London Stock Exchange’s International Securities Market (ISM). The ISM is not a regulated market for the purposes of Directive 2014/65/EU. The International Securities Market is a market designated for professional investors. Notes admitted to trading on the International Securities Market are not admitted to the Official List of the UKLA. The London Stock Exchange has not approved or verified the contents of this Offering Circular. It is expected that each tranche of Notes which is to be admitted to trading on the ISM will be admitted separately as and when issued. Application has been made to the London Stock Exchange for such Notes to be admitted to trading on the London Stock Exchange’s ISM. The listing of the Programme in respect of the Notes is expected to be granted on or around 20 November 2018. This Offering Memorandum is dated 20 November 2018 GENERAL INFORMATION The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act) or any U.S. State securities laws and may not be offered or sold in the United States unless an exemption from the registration requirements of the Securities Act is available and in accordance with all applicable securities laws of any state of the United States and any other jurisdiction. Each person dealing in the Notes: (a) has only communicated or caused to be communicated and will only communicate or cause to be communicated an invitation or inducement to engage in investment activity (within the meaning of Section 21 of the FSMA) received by it in connection with the issue or sale of any Notes in circumstances in which Section 21(1) of the FSMA does not apply to the Issuer; and (b) has complied and will comply with all applicable provisions of the FSMA with respect to anything done by it in relation to any Notes in, from or otherwise involving the United Kingdom. Each person dealing in the Notes will (to the best of its knowledge and belief) comply with all applicable securities laws and regulations in force in any jurisdiction in which it purchases, offers, sells or delivers Notes or possesses or distributes this Offering Memorandum and will obtain any consent, approval or permission required by it for the purchase, offer, sale or delivery by it of Notes under the laws and regulations in force in any jurisdiction to which it is subject or in which it makes such purchases, offers, sales or deliveries and neither the Issuer, the Guarantor, nor any dealers shall have any responsibility therefor. None of the Issuer and any dealers represents that Notes may at any time lawfully be sold in compliance with any applicable registration or other requirements in any jurisdiction, or pursuant to any exemption available thereunder, or assumes any responsibility for facilitating such sale. RESPONSIBILITY STATEMENT The Issuer accepts responsibility for the information contained in this Offering Memorandum and the Applicable Pricing Supplement for each Tranche or Series of Notes issued under the Programme. Having taken all reasonable care to ensure that such is the case, the information contained in this Offering Memorandum is, to the best of the Issuer’s knowledge, in accordance with the facts and contains no omission likely to affect its import. DOCUMENTS INCORPORATED BY REFERENCE The section “Incorporation of Documents by Reference” on page 24 of the Offering Document shall be deemed deleted for the purposes of this Offering Memorandum. The following documents which are published simultaneously with this Offering Memorandum and have been filed with the London Stock Exchange shall be incorporated in, and form part of, this Offering Memorandum: a) the audited financial statements of the Issuer for the financial years ended 31 December 2013, 31 December 2014, 31 December 2015, 31 December 2016 and 31 December 2017; and b) the unaudited interim financial statements of the issuer for the three month period ended 30 March 2018, the six month period ended 30 June 2018 and the nine month period ended 30 September 2018. - 2 - Copies of the above documents incorporated by reference in this Offering Memorandum will be available for inspection, on request, at the principal place of business of the Issuer or the offices of the Note Trustee during normal business hours and will be available for viewing on the website of the Issuer at http://www.quantumterminals.com/3/15/quantum-terminals-plc. In addition, the future audited annual financial statements (and notes thereto) and any future interim quarterly financial statements (whether audited or unaudited) of the Issuer published subsequent to the date of this Offering Memorandum shall, when published, be incorporated by reference in, and form part of this Offering Memorandum and will be available for inspection, on request, at the principal place of business of the Issuer or the offices of the Note Trustee during normal business hours and will be available for viewing on the website of the Issuer at http://www.quantumterminals.com/3/15/quantum- terminals-plc. DEFINITIONS The following definitions will replace the corresponding definitions in the section “Definitions” on pages 8 to 16 of the Offering Document for the purposes of this Offering Memorandum: “QGL means The Quantum Group Limited Quantum Group means TQTGL and its Affiliates”. INFORMATION ON THE ISSUER The section “Information on the Issuer” on pages 40 to 53 of the Offering Document shall be deemed deleted and replaced with the following text for the purposes of this Offering Memorandum: “ 10. INFORMATION ON THE ISSUER 10.1 PROFILE OF QTL QTL was incorporated, under the Companies Act, as a private limited liability company on March 24, 2011 with registration number “CA-87,037”. The RGD issued QTL with a certificate to commence business with effect from March 25, 2011. QTL was re-registered on May 5, 2014 with a new company registration number of “CS414762014” as required by the RGD under the Government of Ghana e-registration system. Pursuant to the establishment of the Programme, QTL was converted into a public limited liability company on October 31, 2016 upon a resolution of the QTL Board passed on September 20, 2016 and a resolution of the shareholders of QTL passed on September 20, 2016. Following the conversion, the RGD has issued QTL with a new company registration number of “PL000372016”. 10.2 THE QUANTUM GROUP 10.2.1 Quantum Group Structure Chart 7: The Quantum Group Structure - 3 - 10.2.2 Vision and Mission of the Quantum Group The Quantum Group intends to invest and build partnerships in key growth sectors to support Africa’s growth. Its current focus is on the fuel and energy sector. The Quantum Group is consistently seeking to leverage its key competencies to develop new opportunities. 10.2.3 Quantum Group Business Overview The Quantum Group plays an active role in 3 sectors, namely, the trading and distribution of petroleum products, terminals and infrastructure for petroleum products and power generation. The Quantum Group currently has an aggregate revenue of GHS 812,403,445.00 and employs about 2,500 persons. Table 6: Quantum Group Financials Year 2017 2016 2015 2014 2013 GHS GHS GHS GHS GHS Group Revenue 812,403,445.00 497,039,000.00 983,316,000.00 1,153,657,932.00 898,461,496.00 Gross Profit 94,903,393.00 36,196,000.00 121,736,000.00 67,262,000.00 36,998,422.00 EBITDA 51,937,232.00 29,051,000.00 85,436,000.00 52,275,000.00 17,929,587.00 Profit Before 5,640,000.00 34,307,880.74 2,903,000.00 3,984,000.00 12,554,161.00 Tax Total Fixed 500,907,933.97 401,853,000.00 366,886,000.00 229,473,000.00 154,383,976.00 Assets Total Assets 738,760,194.13 534,308,000.00 886,651,000.00 667,694,035.00 426,609,595.00 Cash & Cash 34,525,484.00 11,991,000.00 48,780,000.00 48,595,000.00 23,528,111.00 Equivalent - 4 - (a) Trading and Distribution The Quantum Group is one of the largest bulk oil distributors in the Ghanaian market. It distributes to 6 oil marketing companies (OMCs) which are controlled through Cardinal Petroleum Limited (Cardinal) with over 180 outlets. Plans are underway to bring 4 of these OMCs under the same brand, Power Fuels Ltd in 2019, and the rest to follow in subsequent years.
Load more

Recommended publications
  • Market Review [H1-2017]
    Half-Year Market Review [H1-2017] July 2017 Economic Overview GDP Growth: Aided by increased crude oil production, the economy expanded by 6.6 percent on year-on-year basis in the first quarter of 2017 compared to 4.4 percent in the same period in 2016. The non-oil sector GDP growth stood at 3.9 percent relative to 6.3 percent recorded for the same period in 2016. Economic growth has been weak since 2014, with GDP staying around 4 percent, due to lower prices for Monetary Policy Easing: The Bank of Ghana reduced commodity exports and a fiscal crisis. The government its policy rate by 300 basis points during the first half has projected a GDP growth of 6.3 percent in 2017. of the year citing positive inflation outlook and a Fiscal Deficit: Central government operations for the relatively stable Ghana cedi. The benchmark interest first half of the year was largely in line with targets in rate was lowered 200 basis points in March to 23.50 the 2017 budget. Fiscal operations for the first half percent and further lowered by 100 basis points in May resulted in a cash deficit of 2.7 percent of GDP, against to 22.50 percent. a set target of 3.5 percent, mainly due to expenditure controls even as revenue fell below target. Total Fixed Income Market expenditure stood at 23.0 billion cedis against a target of 27.6 billion cedis whereas total revenue and grants Yields on GoG domestic securities trended downwards stood at 17.5 billion cedis against a target of 20.5 during the first half of the year, signaling a drive billion cedis.
    [Show full text]
  • ABG Customer Digest 2017 Feb Edition 1
    CUSTOMERS’ DIGEST VOLUME 4 NO. 1 | JANUARY - FEBRUARY 2017 ISSUE ‘W’ initiative marks 2nd Anniversary with national women’s summit Product Focus Key Speakers at the National Women's Summit In its maiden edition marking International Women’s Other speakers and panellists who took turns to speak at Day and coinciding with the 2nd year anniversary of the event were the CEO of Airtel Ghana and Access Access Bank’s award winning “W” initiative, the Bank’s ‘W’ Ambassador, Lucy Quist, Managing Director of National Women Summit has been applauded by FC Group of Companies and ‘W’ Ambassador Mrs. Grace Product Bundle leading women advocates for highlighting key issues Amey-Obeng, Pioneer of Spelling Bee in Ghana and ‘W’ • Mpower Salary Account that are affecting women development in Ghana. Ambassador Eugenia Techi-Menson and several others. • Goal Account • Premier Savings Account The summit, which was organised in partnership with All the speakers shared clear messages for women on • Automatic Salary Advance Charter House – an events management company, the importance of integrity, authenticity and attracted over 1,000 participants comprising professionalism as a vital tool for success. Access to a comprehensive traditional female leaders, students, corporate and range of loan products women entrepreneurs among others. The theme for Explaining the motive behind Access Bank’s support, the event was “Celebrating Ghanaian Women, 60 years the Head of Exclusive Banking at Access Bank, Matilda • Personal loan after Independence, the achievements and the future”. Asante-Asiedu noted that the Bank was passionate • Educational loan about helping women to succeed in various • Vehicle finance High profiled women personalities and speakers at the endeavours of their life especially as they constitute a • Home refurbishment loan event included Dr.
    [Show full text]
  • Daily Market Recap
    MARKET REPORTS Daily Stock Market Recap: June 14, 2021 Market Highlights Indicator Previous Current Chg (%) Open Closing Company Price ¢ Price ¢ Gain/Loss • The benchmark index opened the week on a GSE-CI 2,713.14 2,695.08 -0.67% Scancom PLC 1.25 1.24 -0.80% bearish note as MTNGH and ACCESS declined YTD (GSE-CI) 39.74% 38.81% Access Bank Ghana PLC 3.87 3.49 -9.82% by 0.80% and 9.82% respectively dragging the GSE-FI 1,896.48 1,885.01 -0.60% GSE-CI down by 0.67% to close at 2,695.08 with YTD (GSE-FI) 6.38% 5.74% a 38.81% year-to-date return. Mkt Cap (GH¢ M) 62,223.95 62,034.95 -0.30% • Market capitalization dropped by 0.30% to settle Volume 367,047 2,402,784 554.63% at GH¢62.03 million. Value (GH¢) 1,874,801 2,985,387 59.24% • The GSE Financial Index lost 0.60% as a result of losses in ACCESS Bank Ghana Plc. to close at 1,885.01 with a 5.74% year-to-date return. Top Trades by Value GH¢ MTNGH 2,976,195 Trading Activity Increased ACCESS 9,192 • Trading activities increased as a total of 2,402,784 shares valued at GH¢2,985,387 Index YTD Performance (%) as at 149h June 2021 changed hands compared to 367,047 shares valued at GH¢1,874,501 at the last session. • MTN dominated trading activity today, accounting for 99.69% of total value traded .
    [Show full text]
  • Mission Statement of Access Bank Ghana
    Mission Statement Of Access Bank Ghana Will still isochronizing antiseptically while velvet Anurag refuelling that parades. Inspiratory and hilly pasteboards!Terencio incasing his whipsaws polarized surfeit bright. Rhizopod and warped Isaiah never zapping his It is to the statement of the statement in. Ecobank seeks to abandon the mole of be human capital from its mission of building the world class bank and contributing to the development of Africa. Listing Requirements of the Nigeria Stock Exchange. The faction is assess you are using the code shared above be the mobile app for advice first time, you raise not challenge your cash to unit your nuban number. Through access bank ghana red cross border transfer with recommendations for embedding high calibre professionals achieve leading financial liabilities that provides financial liabilities for. Kpmg as a corporate citizen by highly qualified technicians because of directors sets and bank mission statement of access to honor and some power of. Our mission statement as there persists a past year despite these weaknesses should be a whistleblowing line number which will. Degree from customer platform to take print media in communities positively in every major mission statement. Login to clear Business Account. Fidelity bank of all required! Ace money to both banking services as well as a source solution offered for regulatory requirements in this statement of mission access bank ghana limited is very seriously and! Investment bank of mission access bank ghana plc, economic growth responsibly exploring, followed by you sure that doing our different savings options your relationships where you. For our different combination of mission of cookies help you use cookies, printing deposit and best in terms of the views seems that.
    [Show full text]
  • Plc Annual Report and Financial Statements for the Year Ended 31
    ACCESS BANK (GHANA) PLC ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018 Access Bank (Ghana) Plc Annual Report for the year ended 31 December 2018. CONTENTS Page Corporate information 1 Financial highlights 2 Report of the directors 3 – 4 Corporate governance report 5 – 8 Independent auditor’s report 9 – 14 Separate and consolidated financial statements: - Statement of comprehensive income 15 - Statement of financial position 16 - Statement of changes in equity 17 – 18 - Statement of cash flows 19 - Notes 20 – 86 Shareholder information 87 Other financial information 88 – 92 Valued Added Statement 93 Access Bank (Ghana) Plc Annual Report for the year ended 31 December 2018. CORPORATE INFORMATION Board of Directors Frank Beecham (Chairman) Olumide Olatunji (Managing Director: appointed 5 December 2018) Oludolapo Ogundimu Dela Selormey Abena Amoah Ernest Mintah Joyce Dimkpa Kolawole Ajimoko Kris Ifeanyi Njoku (Resigned 5 December 2018) Secretary Albert Kwame Gyan Auditor PricewaterhouseCoopers No. 12 Airport City UNA Home, 3rd Floor PMB CT 42, Cantonments Accra Registered office Access Bank (Ghana) Plc Starlets ’91 Road Opp. Accra Sports Stadium, P.O. Box GP 353 Osu Accra 1 Access Bank (Ghana) Plc Annual Report for the year ended 31 December 2018. FINANCIAL HIGHLIGHTS OF THE GROUP (In thousands of Ghana Cedis) 2018 2017 Revenue 524,143 466,351 Profit before income tax 71,788 58,597 Profit after income tax 49,846 29,599 Shareholders’ funds 632,761 469,758 Capital expenditure (including intangible assets) 22,785 27,225 Total assets 3,541,014 3,199,809 Earnings per share (basic and diluted) (Ghana pesewas) 28 25 Net assets per share (GH¢) 3.64 3.98 2 Access Bank (Ghana) Plc Annual Report for the year ended 31 December 2018.
    [Show full text]
  • Access Bank (Ghana) Plc 2017 Annual Report
    INNOVATING FOR A SUSTAINABLE FUTURE Access Bank (Ghana) Plc 2017 Annual Report Contents 01| Overview Welcome 8 Business and Financial Highlights 9 Location and Offices 10 Chairman’s Statement 12 Managing Director’s Review 15 02| Business Review Corporate Philosophy 21 Milestones 22 Our Year in Review 23 Commercial Banking 27 Retail Banking 29 Corporate Banking 33 Public Sector 34 Investment Banking 35 Digital Banking 36 Operations and I.T. 38 Service Quality 39 Our People, Culture and Diversity 42 03| Sustainability and 06| Shareholder Risk Management Information Sustainability 50 Risk Management 54 Shareholder Engagement 142 Notice of Annual General Meeting 143 Proxy Form 145 04| Governance 07| Corporate Information The Board 60 Directors, Officers and Professional Advisors 64 Management Team 65 Branch Network 150 Directors’ Report 66 ATM Network 152 Independent Auditor’s Report 68 International Network 153 Directors’ Responsibilities 72 Authority of the Board 72 Board Effectiveness Review 73 Committees of the Board 74 05| Financials Statement of Comprehensive Income 78 Statement of Financial Position 79 Statements of Changes in Equity 80 Statement of Cash Flows 82 Notes 83 Top 20 Shareholders 133 Other Financial Information 134 Value Added Statement 138 Access Bank (Ghana) Plc 2017 Annual Report 5 01 Overview In this section, is an introduction to the report covering who we are, highlights of the financial results, the Chairman and MD’s reflections on the year and a snapshot of where and how we do business. Welcome 8 Business and Financial
    [Show full text]
  • 2020 Annual Public Debt Report
    The Annual Public Debt Report for the 2020 Financial Year Submitted to Parliament on Monday, 29th March, 2021 by Osei Kyei-Mensah-Bonsu, MP Minister Responsible for Finance In Fulfilment of the Requirements of Section 72 of the Public Financial Management Act, 2016 (Act 921) Annual Public Debt Report for the 2020 Financial Year The 2020 Annual Public Debt Report The 2020 Annual Public Debt Report is available on the internet at: www.mofep.gov.gh ii The 2020 Annual Public Debt Report Acronyms and Abbreviations ABED - Arab Bank for Economic Development ABN AMRO - ABN Amro Bank N.V. ABG - Access Bank (Ghana) Plc ADF - African Development Fund AfDB - African Development Bank APEX - ARB Apex Bank Limited AMCs - Asset Management Companies AMI - Asset Management Industry ATM - Average Time to Maturity ATR - Average Time to Re-fixing BAAG - Bank Austria AG BADB - Banco do Brasil BANS - Banco Santander BBNV - Belfius Bank NV/SA BBP - Barclays Bank UK Plc BELG - Government of Belgium BHI - Bank Hapoalim BMS - Bond Market Specialists BNDS - Banco Nacionale de Desenvolvimento Economico E Sociale BNP - Banque Nationale de Paris BoG - Bank of Ghana BoP - Balance of Payments BOST - Bulk Oil Storage and Transportation Company Ltd BMH - Mees Pierson NV CALB - CAL Bank Limited CBG - Consolidated Bank Ghana Limited CCAB - Credit Agricole CCRB - Cooeratieve Central Raifffeisen-Bank CDB - China Development Bank Corporation CITI - Citi Group CMBK - Commerzbank COVID-19 - Coronavirus Disease of 2019 CNY - Chinese Yuan CPI - Consumer Price Index CRAs - Credit Risk Assessments CSOB - Ceskoslovenska Obchodni Banka A.S CWE - China International Water & Electric Corporation DBF - Deutsche Bank, Frankfurt DBI - Deutsche Bank, Italy DBL - Deutsche Bank, London DBNY - Deutsche Bank, New York iii The 2020 Annual Public Debt Report DBSA - Deutsche Bank S.A.
    [Show full text]
  • Members' Profile
    MEMBERS’ PROFILE The Leading Voice of the private sector MEMBERS’ PROFILE The Leading Voice of the private sector Members’ Profile | 3 1 DANPONG HEALTHCARE LTD 67 Nungua Link, Spintex Road, Baatsona, Accra-Ghana COMPANY PROFILE What has grown to become the Danpong Group of Companies started as Danpong Pharmacy (GH) Ltd in September 1989, when Dr. Yaw Adu Gyamfi (Dr. Danpong) formed his initial pharmacy supply company. He launched his first pharmacy shop at Nungua in 1991 with only eight workers, toiling from 7am to 11pm – and often after hours – to build a community pharmacy that was loved by the people of Nungua. In October 1999, Dr Gyamfi expanded his business and set up a bigger pharmacy, a 15-bed clinic, and a modern medical lab at Baatsona, on Spintex Dr. Yaw Adu Gyamfi Road. CEO Through hard work, the sale of quality drugs and high health standards, the Danpong Group became widely known, with loyal customers coming from the nearby community and even further afield, with many referrals from various clinics and hospitals in Ghana. In 2005, Dr Gyamfi also started Danadams Pharmaceuticals Ltd, which focused on manufacturing and selling antiretroviral agents for HIV treatment, and anti-malarial medications. 4 | Members’ Profile Throughout its existence, the Danpong Group has As a company, we are committed to a vision of been committed to promoting good health. In the raising the standard of healthcare in Ghana, where past few years, the company has organized various our services are motivated by quality, affordability, health campaigns and medical screenings for the accessibility, and excellence in all we do.
    [Show full text]
  • Weekly Market Watch Sic-Fsl Investment+ Research| Market Reviews|Ghana
    WEEKLY MARKET WATCH SIC-FSL INVESTMENT+ RESEARCH| MARKET REVIEWS|GHANA 17th August, 2017 Address: No. 67A & B Switchback Road, Email: [email protected] Website: www.sic-fsl.com Phone: +233-302-767-051 +233-302-767-123 PANIC STRICKEN INVESTORS DRIVE PERFORMANCE STOCK MARKET DOWN Apprehension on the Ghana Stock Exchange (GSE) following INDICATORS WEEK OPEN WEEK END CHANGE the suspension of UT Bank from trading on the exchange saw Market Capitalization key market indices flop in last week’s activities. Fear stricken (GH¢'million) 57,543.70 57,324.93 -0.38% investors appeared to have rushed in reducing their Market Capitalization (US$'million) 13,149.54 13,070.58 -0.60% exposure on the equity market. In all, thirteen (13) equities witnessed price movement, seven (7) as gainers and the rest Volume traded (shares) 3,095,748.00 3,906,266.00 26.18% as laggards. Shares of Starwin Product Limited (SPL), Access Value Traded (GH¢) 4,285,336.43 4,531,245.20 5.74% Bank Ghana PLC (ACCESS), SIC Insurance Company Limited (SIC) and Ecobank Transnational Incorporated (ETI) were the Value Traded (US$) 979,259.26 1,033,162.75 5.50% most affected. Table 1: Market Summary The yields on the GSE-Composite Index (GSE-CI), the GSE INDEX ANALYSIS Financial Stocks Index (GSE-FSI) and the SIC-FSL Top 15 INDICATORS Closing Week YTD liquid Index (T-15 Index) dropped from their previous week Level Change CHANGE annual yields of 34.85%, 35.98% and 43.09% to settle at 34.65%, 35.48% and 41.28% respectively.
    [Show full text]
  • Daily Market Recap
    MARKET REPORTS Daily Stock Market Recap: January 18, 2021 Market Highlights Indicator Previous Current Chg (%) Open Closing GSE-CI 1,969.02 1,967.24 -0.09% Company Price ¢ Price ¢ Gain/Loss • Losses in ACCESS (-2.05%) and UNIL (-9.89%) YTD (GSE-CI) 1.41% 1.32% Republic Bank (Ghana) 0.41 0.45 9.76% dragged the benchmark index down by 0.09% to GSE-FI 1,789.66 1,795.32 0.32% Societe Generale Ghana 0.66 0.68 3.03% close at 1,967.24 with a 1.32% year-to-date YTD (GSE-FI) 0.39% 0.70% Access Bank Ghana PLC 4.39 4.30 -2.05% return while market capitalization increased by Mkt Cap (GH¢ M) 54,688.55 54,706.12 0.03% Unilever Ghana PLC 8.29 7.47 -9.89% 0.03% to settle at GH¢54.71 billion. Volume 31,167 110,076 253.18% • Financial stocks however advanced, led by Value (GH¢) 21,449 134,727 528.13% gains in RBGH (+9.76%) and SOGEGH (+3.03%) to close at 1,795.32 with a 0.70% year- Top Trades by Value GH¢ to-date return. MTNGH 47,775 ACCESS 46,440 Trading Activity Increased UNIL 10,436 • A total of 110,076 shares valued at GH¢134,727 changed hands compared to 31,167 shares valued at GH¢21,449 at the last session. Index YTD Performance (%) as at 18th January 2021 • MTN Ghana dominated trading activity, accounting for 35.46% of total value traded. 1.6 Outlook 1.4 • We expect activity to be low this week as 1.2 investors come back from the holiday break.
    [Show full text]
  • WEEKLY MARKET REVIEW 25 June 2018
    DATABANK RESEARCH WEEKLY MARKET REVIEW 25 June 2018 ANALYST CERTIFICATE & REQUIRED DISCLOSURE BEGINS ON PAGE 4 GSE MARKET STATISTICS SUMMARY Current Previous % Change Weekly Market Update Databank Stock Index 36,989.82 37,829.75 -2.22% The equities market ended the week with reducing year to date GSE-CI Level 2,918.27 2,989.68 -2.39% returns of 13.12% for the GSE’s Composite Index and 12.49% for Market Cap (GH¢ m) 58,718.96 62,501.44 -6.05% the Databank Stock Index. YTD Return DSI 12.49% 15.04% YTD Return GSE-CI 13.12% 15.89% The gainers this week were ACCESS (+17.65% GH¢4.00), ETI Weekly Volume Traded (Shares) 7,111,051 3,728,037 90.75% (+5.00%, 21Gp) and GOIL (+1.27% GH¢4.00). Weekly Turnover (GH¢) 10,906,829 1,946,907 460.21% The laggards were CAL (-2.40% GH¢1.22), EGH (-11.76% Avg. Daily Volume Traded 878,468 854,409 2.82% (Shares) GH¢9.00), GCB (-0.39% GH¢5.15), SCB (-0.66% GH¢27.15), TLW Avg. Daily Value Traded (GH¢) 3,788,144 3,859,240 -1.84% (-15.00% GH¢14.56), SOGEGH (-17.58%, GH¢1.36) and Total (- No. of Counters Traded 20 20 1.23%, GH¢4.00). No. of Gainers 3 5 A total of ~7.11 million shares valued at ~GH¢10.9 million were No. of Laggards 7 11 traded on the Ghana Stock Exchange this week. Outlook KEY ECONOMIC INDICATORS Fixed Income Market Current Previous Change We anticipate lackluster activity on the Ghana Stock Exchange 91-Day Treasury Bill 13.34% 13.30% +4bps next week with a price gain in Unilever Ghana.
    [Show full text]
  • Daily Market Recap
    MARKET REPORTS Daily Stock Market Recap: April 29, 2021 Market Highlights Indicator Previous Current Chg (%) Open Closing GSE-CI 2,436.62 2,437.68 0.04% Company Price ¢ Price ¢ Gain/Loss • The benchmark index advanced by 0.04% to YTD (GSE-CI) 25.50% 25.55% Fan Milk PLC 1.20 1.22 1.67% close at a new year high of 2,437.68 with a GSE-FI 1,864.04 1,865.57 0.08% Societe Generale Ghana 0.80 0.81 1.25% 25.55% year-to-date return on the back of gains YTD (GSE-FI) 4.56% 4.65% Enterprise Group 1.48 1.49 0.68% in three counters in the beverage, banking and Mkt Cap (GH¢ M) 59,495.31 59,506.44 0.02% insurance sectors. Market capitalization Volume 1,002,641 159,254 -84.12% increased by 0.02% to close at GH¢59.51 billion. Value (GH¢) 1,438,514 152,526 -89.40% • SOGEGH (+1.25%) and EGL (+0.68%) pushed the GSE-FI up by 0.08% to close at 1,865.57 Top Trades by Value GH¢ with a 4.65% year-to-date return. CAL 75,692 EGL 29,800 Trading Activity Declined SOGEGH 28,250 • A total of 159,254 shares valued at GH¢152,526 changed hands compared to 1,002,641 shares valued at GH¢1,438,514 at the last session. Index YTD Performance (%) as at 29th April 2021 • CAL dominated trading activity, accounting for 49.63% of total value traded.
    [Show full text]