Fan Milk Steps up the Fight Against Plastic Pollution by Reaching a New Milestone of Its “Pick-It” Project in Ghana

Total Page:16

File Type:pdf, Size:1020Kb

Fan Milk Steps up the Fight Against Plastic Pollution by Reaching a New Milestone of Its “Pick-It” Project in Ghana Press release Fan Milk steps up the fight against plastic pollution by reaching a new milestone of its “Pick-it” project in Ghana Co-created and implemented by Fan Milk and its partners, the Pick-it social entrepreneurship project aims to enable the development of sustainable practices along the entire plastic value chain (from generation to recycling). The launch of the Tema sorting center, located next to Accra, marks the start of this ambitious project. Creation of the first waste pickers’ cooperative supporting 300 workers in Ghana. At least 25 tons of plastics per month to be collected and recovered by 2019. Fan Milk to become “waste positive”, recycling more plastic than it uses by 2022. Ambition to replicate Pick-it’s model in other African countries. Accra, July 25, 2018 – After officially launching its Pick-it project in November 2017, Fan Milk, the leading manufacturer and marketer of ice cream, frozen yoghurt and ambient yoghurt in West Africa, announces the opening of a brand-new waste and plastic sorting-center in Tema New Town, located next to Accra. The launch of this sorting center signals the operational start of Pick-It, an inclusive recycling project with two main objectives: increase plastics collection rates, thus lowering pollution, and improve waste pickers’ lives through innovative social and environmental solutions. Plastic pollution has become a pressing issue in Africa. In Ghana alone, it is estimated that 12,710 tons of municipal solid waste, which consists of waste collected by or on behalf of municipal authorities, are generated per day. This amounts to more than 4.5 million tons annually. Throughout the continent, governments have decided to address the topic and encourage companies and individuals to use alternative materials and put in place a better waste recovery industry. Pick-it aims to be an active part of the solution. Inspired by another Danone Ecosystem Fund project in Brazil, called Novo Ciclo, Pick-it is a social entrepreneurship venture that will enable the development of sustainable practices along the entire plastic value chain (from plastic generation to recycling). Waste pickers will be empowered through various skills that will increase both their waste recovery rates and their income. This will be enhanced by the creation of membership-based waste pickers’ organizations (cooperatives) where recyclables will be sorted and then sold to recycling plants. Downstream, recyclables will be collected door-to-door in households and also in markets, industries and lorry stations. It is expected that, by the end of 2019, the sorting center will be collecting and recovering at least 25 tons of plastics per month, which is equivalent to 30% of the total volume of packaging generated by Fan Milk in Ghana. By the end of year 2022, Fan Milk Limited will become “waste positive”, recycling more plastic than it uses for its own packaging needs by replicating the project with two other communities. Pick-it has been co-created and implemented by Fan Milk Limited, in partnership with Environment3601, Women in Informal Employment: Globalizing and Organizing (WIEGO)2 and the MIT D-lab3. The project is funded and benefits from the technical expertise of the Danone Ecosystem Fund4, Fan Milk Limited, and FMO (the Dutch Development Bank). The Hewlett Foundation is also supporting the project, through WIEGO. “We are proud to be one of the first companies in Africa to re-think its business model and leverage the circular economy in order to have a positive impact on both the local communities and the environment. Pick-it is a project that allows both value creation and inclusive development in Ghana by turning waste into resources. On the longer term, our goal is to replicate Pick-it’s model in other African countries where we operate and to become plastic positive across our operations on the continent”, says Stéphane Couste, Managing Director of Fan Milk Ghana. This project illustrates the strong commitment of Fan Milk’s parent company - Danone - to rethink and redesign the future of packaging. About Fan Milk (www.fanmilk.com) Fan Milk Limited was incorporated in 1960 and was previously known as the Ghanaian Milk Company. It enjoys outstanding brand recognition in Ghana with the highest market share for frozen dairy products. It took advantage of Danish investment in the early 1960s and initially specialized in pasteurized milk. However, in 1962, the company changed its name to Fan Milk Limited. In 2013, Danone acquired 49% of Fan Milk and became a majority shareholder in 2016. Fan Milk Limited was the first foreign invested company in Ghana to become a Public Limited Liability in 1967 and among the first companies to be listed on the Ghana Stock Exchange in 1990. The company produces and distributes milk-based and fruit-based products: frozen dairy products under the brands FANYOGO, FANCHOCO, FANICE and fruit based or fruit flavored products under the brands FANDANGO or FANPOP. 1 Environment360 is Ghana based NGO that creates community and corporate recycling programs to help fund educational programs for children in coastal and urban areas. The organization seeks to empower communities to adapt sustainable waste management habits by creating innovative educational programs and collection schemes intended for the African continent. 2 WIEGO (Women in Informal Employment: Globalizing and Organizing) is a global action-research-policy network focused on securing livelihoods for the working poor, especially women, in the informal economy. 3 MIT D-Lab works with people around the world to develop and advance collaborative approaches and practical solutions to global poverty challenges. 4 Danone Ecosystem Fund is an endowment fund with the mission to foster a more inclusive economy. Its more than 4 M beneficiaries with 71 projects in 30 countries around the world. The projects support the creation and consolidation of jobs for people living in dire conditions or those suffering from social exclusion while addressing environmental or public health issue. About the Danone Ecosystem Fund (www.ecosysteme.danone.com). Press contacts Fan Milk Habib SECK General secretary, Fan Milk +233 55 649 13 67 [email protected] 35°Nord - Press relations agency Nicolas TEISSERENC +33 6 18 09 66 90 [email protected] Joanne Stacy EYANGO +33 6 44 94 38 54 [email protected] .
Recommended publications
  • Weekly Market Watch Sic-Fsl Investment+ Research| Market Reviews|Ghana
    WEEKLY MARKET WATCH SIC-FSL INVESTMENT+ RESEARCH| MARKET REVIEWS|GHANA 4th August, 2016 STOCK MARKET ACCRA BOURSE CONTINUES RECOVERY PROCESS INDICATORS WEEK OPEN WEEK END CHANGE The Ghana Stock Exchange (GSE) continued its recovery process last week, as investors appetite in some Blue-Chip Market Capitalization stocks increase. Shares across multiple sectors like the (GH¢'million) 54,552.94 54,588.41 0.07% Market Capitalization Consumer Goods sector, Financial sector and the Petroleum (US$'million) 13,821.72 13,831.76 0.07% sector sustained the market’s recovery process. Key are the shares of Fan Milk Limited (FML), GCB Bank Limited (GCB) Volume traded (shares) 2,982,813.00 1,294,984.00 -56.59% and the Ghana Oil Company Limited (GOIL). Value Traded (GH¢) 10,170,973.29 5,849,161.50 -42.49% Key benchmark indices like the GSE Composite Index (GSE- Value Traded (US$) 2,576,952.37 1,482,076.09 -42.49% CI) went up to 1,793.27points from 1,787.01 points, to close Table 1: Market Summary at an improved year-to-date loss of 10.11%. Similarly, the INDEX ANALYSIS GSE Financial Stocks Index (GSE-FSI) and the SIC-FSL Top 15 Index (SIC-FSL T-15) also improved from their previous INDICATORS Closing Week YTD levels of 1,687.53 points and 3,146.23 points to 1,678.27 Level Change CHANGE points and 3,123.49 points respectively. Both, the GSE-FSI and the SIC-FSL T-15 closed the week at an improved year- GSE Composite Index 1,793.27 0.35% -10.11% to-date losses of 12.57% and 15.21% respectively.
    [Show full text]
  • Ssnit Investments Series
    SSNIT INVESTMENTS SERIES SECOND EDITION INTRODUCTION This edition of the SSNIT Investments Series focuses on the Listed Equities Portfolio, one of the three sub-asset classes of the Equities Portfolio. Listed equity refers to ownership interests in companies whose shares are traded publicly on a Stock Market. The Trust currently has share interests in 23 out of the 37 companies listed on the Ghana Stock Exchange (GSE), with a total value of GH¢1.8 billion as at June 2017. A portion of the Trust’s shares in Tullow Oil Plc is also listed on the London Stock Exchange (LSE). The composition of the Trust’s Listed Equities Portfolio, also referred to as the SSNIT Stock Market Portfolio (SSMP), is shown in Table 1. Table 1: SSNIT Listed Equity Holdings # Company Ticker Shareholding (%) 1 Anglogold Ashanti Ltd. AGA 0.02% 2 Aluworks Limited ALW 62.62% 3 Ayrton Drug Man. Ltd. AYRTN 18.00% 4 Benso Oil Palm Plantation BOPP 4.31% 5 CAL Bank Limited CAL 33.18% 6 Cocoa Processing Co. Ltd. CPC 10.14% 7 Ecobank Ghana Ltd. EGH 16.21% 8 Enterprise Group Ltd EGL 6.22% 9 Ecobank Transnational Inc. ETI 3.86% 10 Fan Milk Limited FML 1.59% 11 GCB Bank GCB 29.89% 12 Guinness Gh. Breweries Ltd. GGBL 7.57% 13 Ghana Oil Co. Ltd. GOIL 25.00% 14 Golden Web Ltd. GWEB 20.78% 15 HFC Bank Ltd. HFC 26.09% 16 Produce Buying Co. Ltd. PBC 38.10% 17 Standard Chartered Bank SCB 14.55% 18 SIC Insurance Ltd.
    [Show full text]
  • Databank Weekly Market Watch
    June 30, 2017 Weekly Stock Market Review GSE MARKET STATISTICS SUMMARY Equities Market Remains Upbeat: The equities market maintained an upward Current Previous % Change trajectory this week underpinned by price gains in 7 counters. The Ghana Stock Databank Stock Index 25,200.24 25,094.64 0.42 Exchange’s Composite Index advanced by 15.07 points w/w to ~1,965 points while the Databank Stock Index surged by 105.60 points w/w to ~25,200. The GSE-CI Level 1,964.55 1,949.48 0.77 GSE-CI and the Databank Stock Index have recorded year to date returns of Market Cap (GH¢ m) 59,457.95 59,160.96 0.55 16.31% and 12.84% respectively. YTD Return DSI 12.84% 12.37% Block trades in Fan Milk, Societe Generale Ghana and Ghana Oil Company YTD Return GSE-CI 16.31% 15.42% spurred market activity this week. Total volume of shares traded increased by Weekly Volume Traded (Shares) 3,209,305 2,410,932 33.11 33.11% w/w to 3.21 million shares valued at ~GH¢7.86 million. Weekly Turnover (GH¢) 7,864,561 4,602,640 70.87 The market breadth remained positive: 7 gainers to 3 laggards. Standard Avg. Weekly Volume Traded (Shares) 1,200,269 1,184,913 1.30 Chartered Bank led the advancers chart with a 26Gp gain w/w to GH¢17.04. Avg. Weekly Value Traded (GH¢) 1,741,851 1,704,222 2.21 Benso Oil Palm Plantation grew by 9Gp to GH¢4.40.
    [Show full text]
  • Quarterly Financial Markets Report
    Quarterly Financial Markets Report Second Quarter 2016 Global Economic Highlights Highlighted by UK’s vote to leave the EU, weak demand, high unemployment levels, financial frailties and geopolitical risks, the global economic environment continued to be plagued by weakened growth prospects in the last three months. The late June U.K. referendum to leave the European Union sent shock waves across the globe, leaving global financial markets in turmoil. The equity markets fell sharply and the British Pound plunged 8.4% and 12.5% against the U.S. Dollar and Japanese Yen, respectively. The value of the British Pound against the US Dollar was at its lowest in the past 31 years. Reassurance on support from the central bank saw the economy enjoying some reprieve as the financial markets rebounded partially in fragments. With manufacturing growth stalling over the past year and construction figures weakening markedly in June, U.K. growth continued to be driven primarily by the services sector. The rate of Consumer Price Inflation (CPI) remained low at around 0.3% partly due to relatively subdued global demand growth. Both Standard & Poor’s, and Fitch on the back of the foregoing downgraded U.K’s credit ratings. With a lift from the European Central Bank’s stimulus cut, low energy prices and a rebound in consumer spending, figures from the 19-nation bloc were impressive before the Brexit, with GDP rising by 0.6% in Q1 2016 despite a backdrop of the global market turmoil at the start of the year. However, questions about the EU’s stability and the potential for an economic downturn after Britain’s surprise exit from the EU dominated the centre stage in the Eurozone at the end of the second quarter.
    [Show full text]
  • Danone's Subsidiaries and Equity Holdings As of December 31, 2018
    Danone's subsidiaries and equity holdings as of December 31, 2018 The following list includes all Danone consolidated or equity companies as of December 31, 2018, being specified that it does not include subsidiaries of companies under equity method. Table of content Companies listed by country ................................................................................................................................ 1 Companies listed by legal name ......................................................................................................................... 12 Companies listed by country Country Legal name Ownership Algeria DANONE DJURDJURA 100% Argentina ADVANCED MEDICAL NUTRITION SA 100% Argentina AGUAS DANONE DE ARGENTINA SA 100% Argentina BEST CARE NUTRITION DOMICILIRIA SA 100% Argentina DANONE ARGENTINA SA 99.81% Argentina DAN-TRADE SA 100% Argentina KASDORF SA 100% Argentina LAS MAJADAS SA 100% Argentina LOGISTICA LA SERENISIMA 94.82% Argentina NUTRICIA-BAGO SA 51% Australia DANONE MURRAY GOULBURN PTY LTD (1) 50% Australia NUMICO RESEARCH AUSTRALIA PTY LTD 100% Australia NUTRICIA AUSTRALIA HOLDINGS PTY LTD 100% Australia NUTRICIA AUSTRALIA PTY LTD 100% Austria DANONE GESMBH 100% Austria MILUPA GMBH 100% Austria NUTRICIA GMBH 100% Azerbaijan DANONE LLC 97.64% Bangladesh GRAMEEN DANONE FOODS LIMITED (1) 39.91% Belarus DANONEBEL 97.64% 1 Ownership Country Legal name Belarus DANONE PRUZHANY JLLC 57.02% Belarus JLLC DANONE SHKLOV 49.80% Belgium ALPRO COMM.VA 100% Belgium ALPRO HOLDINGS BVBA 100% Belgium BIALIM BELGIQUE
    [Show full text]
  • Weekly Market Watch Sic-Fsl Investment+ Research| Market Reviews|Ghana
    WEEKLY MARKET WATCH SIC-FSL INVESTMENT+ RESEARCH| MARKET REVIEWS|GHANA 8th January, 2015 STOCK MARKET ACCRA BOURSE MAKES PROMISING START INDICATORS WEEK OPEN WEEK END CHANGE The year 2014 has begun living up to expectations as bullish runs in equities from the petroleum, finance and consumer Market Capitalization (GH¢ goods sectors saw the annual returns of the broader market 'million) 64,352.42 64,229.12 -0.19% Market Capitalization (US$' inch up to 0.42% last Thursday. Though, most equities gave million) 20,109.50 20,014.06 -0.47% up their opening prices, rise in the market value of Ghana Oil Petroleum Company Limited (GOIL), Societe Generale Ghana Volume traded (shares) 783,118.00 573,274.00 -26.80% Table 1: Market Summary Limited (GOIL) and Fan Milk Limited (FML) were enough to close the week’s activities on a positive note. Key benchmark indices closed the week better despite slight volatilities during inter-day trading. The GSE Composite INDEX ANALYSIS index closed at a year-to-date return of 0.42% whiles the GSE Financial Stocks Index settled at 0.67% returns. INDICATORS Closing Week YTD Level Change CHANGE Total market capitalization of the Ghana Stock Exchange was GH¢64.23 billion, an equivalent to USD20.00 billion. GSE Composite Index 2,270.57 0.42% 0.42% GSE Financial Stocks Index 2,258.77 0.67% 0.67% Table 2: Key Stock Market Indices LIQUIDITY The absence of block trades over the period saw liquidity comparatively down last week. All in all, an approximate figure of 573,274 shares exchanged hands within the first trading week of the year, and was also valued about GH¢2.48 million.
    [Show full text]
  • 2014 Annual Report & Financial Statements
    2014 Annual Report & Financial Statements Enterprise Group Limited Annual Report 2014 3 Enterprise Group Limited Financial statements for the year ended 31 December 2014 Contents Review Notice and Agenda of Annual General Meeting 4 Five Year Financial Summary 5 Corporate Information 6 Chairman’s Statement 7 - 9 Board of Directors 10 - 11 Non-Executive Directors of Subsidiary Companies 12 Chief Executive Officer’s Review 13 - 17 Executive Director’s Review (Insurance) 19 - 21 Executive Director’s Review (Life) 23 - 27 General Manager’s Review (Trustees) 29 - 30 General Manager’s Review (Properties) 32 - 33 Governance Corporate Governance Statement 34 - 35 Enterprise in The Community 36 - 38 Report of the Directors 40 Financial Statements Report of the independent auditor 41 Statement of financial position 42 Income statement 43 Statement of Comprehensive Income 44 Statements of Changes in Equity 45 - 47 Statements of Cash Flows 48 Notes to the Financial Statements 49 - 96 Shareholders’ Information 97 Certificate of Solvency in Respect of the Life Business 98 - 99 Resolutions 100 Proxy Form 101 - 102 Enterprise Group Limited Annual Report 2014 3 Enterprise Group Limited Financial statements for the year ended 31 December 2014 Notice and Agenda of Annual General Meeting IS HEREBY GIVEN THAT the Fifth Annual General Meeting of Enterprise Group Limited will be NOTICE held at the International Conference Centre, Accra on Thursday 18th June, 2015 at 10a.m. for the following purposes: ORDINARY BUSINESS 1. TO RECEIVE THE FINANCIAL STATEMENTS TOGETHER WITH THE REPORTS OF THE DIRECTORS AND AUDITORS THEREON FOR THE YEAR ENDED 31ST DECEMBER, 2014. 2. TO DECLARE A FINAL DIVIDEND.
    [Show full text]
  • WEEKLY MARKET REVIEW 3 November 2017
    DATABANK RESEARCH WEEKLY MARKET REVIEW 3 November 2017 ANALYST CERTIFICATE & REQUIRED DISCLOSURE BEGINS ON PAGE 4 GSE MARKET STATISTICS SUMMARY Current Previous % Change Market Indices Maintain Bullish Performance (w/w): Databank Stock Index 30,388.18 30,209.24 0.59% By the end of this week’s trading session, the Ghana Stock Exchange’s Composite Index GSE-CI Level 2,367.28 2,352.11 0.64% increased by 15.15 points w/w to ~2,367 points while the Databank Stock Index (DSI) surged by 178.94 points w/w to 30,388 points. The year-to-date returns of the GSE-CI Market Cap (GH¢ m) 58,057.10 58,497.34 -0.75% and the DSI are recorded at 40.15% and 36.07% respectively. YTD Return DSI 36.07% 35.27% Market activity improved by ~32% w/w to 5.37 million shares on the back of block trades YTD Return GSE-CI 40.15% 39.25% in Cal Bank and Total Petroleum. The total volume of shares traded were valued at Weekly Volume Traded (Shares) 5,365,067 941,100 470.08% GH¢8.97 million. Cal Bank and Total Petroleum accounted for ~94% of the aggregate volume of shares traded. Weekly Turnover (GH¢) 8,973,736 3,004,202 198.71% Avg. Weekly Volume Traded The market breadth of the bourse was negative (w/w) with 6 gainers and 7 laggards. 1,443,315 1,417,645 1.81% Unilever Ghana was the best performer (w/w), surging by 39Gp to GH¢10.99.
    [Show full text]
  • Daily Market Recap
    MARKET REPORTS Daily Stock Market Recap: September 02, 2020 Market Highlights Indicator Previous Current Chg (%) Open Closing GSE-CI 1,838.55 1,826.26 -0.67% Company Price ¢ Price ¢ Gain/Loss • Losses in Fan Milk Ghana Limited (-3.70%) and MTN YTD (GSE-CI) -18.55% -19.09% Scancom PLC 0.59 0.58 -1.69% Ghana (-1.69%) dragged the benchmark index down GSE-FI 1,687.40 1,687.40 0.00% Fan Milk Ltd. 1.08 1.04 -3.70% by 0.67% to close at a new year low of 1,826.26 with YTD (GSE-FI) -16.45% -16.45% a -19.09% year-to-date return. Market capitalization Mkt Cap (GH¢ M) 52,448.74 52,321.19 -0.24% declined by 0.24% to settle at GH¢52.32 billion. Volume 1,056,489 3,627,785 243.38% • The GSE Financial Index was flat for the third Value (GH¢) 1,144,236 3,626,367 216.92% consecutive session, closing at Friday’s level of 1,687.40 with a -16.45% year-to-date return. Top Trades by Value GH¢ • There were no gainers at the session. FML 3,577,208 MTNGH 36,471 Activity Levels Declined IIL 4,480 • A total of 3,627,785 shares valued at GH¢3,626,367 changed hands compared to 1,056,489 shares valued at GH¢1,144,236 at the last session. Index YTD Performance (%) as at 2nd September 2020 • Fan Milk Ghana Limited dominated trading activity for the third straight session, accounting for 98.64% 5.00 of total value traded.
    [Show full text]
  • Fan Milk in West Africa, 1950S to 2014
    Fan Milk in West Africa, 1950s to 2014 1 the new countries, available infrastructure from the colonial and local heritages, strong agriculture bases, Fan Milk: “We share the dream about a brighter and potential for new industry paved the way for high future for Africa and West Africa in particular” hopes. Although refrigerated dairy products were not part of consumers’ tastes or broader cultural values at the time, Emborg decided it would be worth experimenting with producing and distributing small containers of refrigerated milk directly into local communities, which he hoped would be attractive in the hot climates. By 2012, Fan Milk International reached sales of about $150 million across its Fan Milk businesses in West Africa. Sales had increased from $108 million in 2008. Photo source: Tech-solutions.dk Fan Milk is a manufacturer and retailer of In 2013, Fan Milk International, the Danish parent of refrigerated beverages and frozen dairy products, the Fan Milk businesses in West Africa, was acquired with leading positions in several West African by Danone (global food products, with a 49% stake) countries, including Ghana, Nigeria, Togo, Benin, and the Abraaj Group (a Dubai-based growth markets Burkina Faso, and Cote d'Ivoire. Its products include private equity investor, with a 51% stake) for about FanYogo (one of the world’s first frozen yogurts), $300 million. In the coming years, Danone plans to FanExtra (frozen yogurt with vitamins), Fanice acquire a controlling stake in the Fan Milk business. (frozen dessert), FanGold (ice cream), Fantastic The acquisition is part of Danone’s expansion in (flavored yogurt drink), FanChoco and FanVanille Africa.
    [Show full text]
  • Abraaj Group Acquires Majority Shareholding in Fan Milk International A/S
    Abraaj Group acquires majority shareholding in Fan Milk International A/S One of Denmark’s international success stories, Fan Milk International A/S, is seeing a change of ownership. The Emborg family from Aalborg, who are the majority shareholders, have, together with the private equity fund Maj Invest Equity and the management, entered into an agreement to sell the majority shareholding in Fan Milk International A/S to the private equity fund Abraaj Group. Takeover is expected before the end of November this year. “For more than 50 years, Fan Milk has developed from being a small company producing and selling dairy products in Ghana and with its head office in Aalborg into a truly international dairy group with revenue of DKK 880 million in 2012 and a fantastic brand throughout all of West Africa,” says Preben Sunke, Chairman of Fan Milk International’s Board of Directors. The Emborg family and Maj Invest have been thinking about selling the company for some time, as there has been a common desire to place further development of the company in the hands of new owners. It was hardly in the cards for the visionary businessman Erik Emborg that Fan Milk should one day become one of the most well-known and treasured brands in countries such as Ghana, Nigeria, Togo, Benin and Burkina Faso, when, after several trips to West Africa in the late 1950s, he decided to establish the first dairy company in Ghana. “Fan Milk has had quite a journey. There was not much help on hand when production started in Ghana in 1960.
    [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]