OFFICIAL LIST 3917 Trading Session Wednesday, January 23, 2013 GSE STOCK INDICES

Total Page:16

File Type:pdf, Size:1020Kb

OFFICIAL LIST 3917 Trading Session Wednesday, January 23, 2013 GSE STOCK INDICES OFFICIAL LIST 3917 Trading Session Wednesday, January 23, 2013 GSE STOCK INDICES GSE Composite GSE Financial Stocks Index (GSE-CI) Index (GSE-FSI) PREVIOUS 21/01/2013) = 1,235.98 1,079.23 CURRENT 22/01/2013) = 1,240.57 1,085.16 4.61 points 5.93 points CHANGE-YEAR TO DATE (Jan 01, 2013- Jan 22, 2013) 3.41% 4.36% This Week in Focus Shares Bonds GSE Value of Composite Government Index Market Capitalization Bonds Traded Date Volume Value GH¢ (GSE-CI) GH¢ million GH¢ million Monday 21-Jan-13 133,634 79,825.62 1,234.27 57,413.41 0.00 Tuesday 22-Jan-13 1,152,045 875,649.74 1,235.98 57,422.68 0.00 Wednesday 23-Jan-13 298,402 178,569.78 1,240.57 57,447.73 0.00 Thursday Friday Notes/Announcements 1. The issued ordinary shares of AGA increased by 8,514 to 383,153,893 as at the end of December, 2012. This is as a resul t of the issue and listing of additional shares of AGA on Johannesburg Securities Exchange, South Africa. The shares were issued under the AGA Share Incentive Scheme. 2. Additional listing and trading of 2-year and 3-year Government of Ghana Bonds with value GH¢407,388,611.00 and GH¢1,465,910,300 issued between October 08 to December 31, 2012. 3. UT Bank Ltd has added 154,273,333 ordinary shares to their issued shares. This was as a result of the issuance and allo tment of shares a number of investors under its recent private placement. 4. HFC Bank Ltd has added 112,420,246 ordinary shares to their issued shares. This was as a result of the issuance and allotment of sharesto a number of investors under its recent private placement concluded in November 2012. Enquiries to: General Manager Ghana Stock Exchange 5th & 6th Floors Cedi House, Liberia Road, Accra Tel: 021 669908, 669914, 669935 Fax: 021 669913 e-mail: [email protected] OFFICIAL LIST 3917 Trading Session ODD LOT Wednesday, 23 January 2013 ISIN Share Code Total Shares No. Traded Equities 1 African Champion Industries Ltd GH0000000193 ACI 0 ACI 2 AngloGold Ashanti Ltd. GH0000000607 AGA 0 AGA 3 Aluworks Limited GH0000000037 ALW 0 ALW 4 Ayrton Drug Manufacturing Ltd. GH0000000672 AYRTN 0 AYRTN 5 Benso Oil Palm Plantation GH0000000581 BOPP 0 BOPP 6 Cal Bank Ltd GH0000000649 CAL 166 CAL 7 Clydestone (Ghana) Ltd. GH0000000573 CLYD 0 CLYD 8 Camelot Ghana Ltd. GH0000000227 CMLT 0 CMLT 9 Cocoa Processing Co. Ltd. GH0000000540 CPC 0 CPC 10 Ecobank Ghana Ltd. GH0000000680 EBG 25 EBG 11 Enterprise Group Ltd. GH0000001001 EGL 0 EGL 12 Ecobank Transnational Inc. GH0000000698 ETI 0 ETI 13 Fan Milk Ltd. GH0000000078 FML 0 FML 14 Ghana Commercial Bank Ltd. GH0000000094 GCB 166 GCB 15 Guinness Ghana Breweries Ltd. GH0000000102 GGBL 0 GGBL 16 Ghana Oil Company Limited GH0000000722 GOIL 126 GOIL 17 Golden Star Resources Ltd. GH0000000748 GSR 0 GSR 18 Golden Web Ltd. GH0000000631 GWEB 0 GWEB 19 HFC Bank (Ghana) Ltd. GH0000000110 HFC 0 HFC 20 Mechanical Llyod Co. Ltd. GH0000000136 MLC 0 MLC 21 Pioneer Kitchenware Ltd. GH0000000151 PKL 0 PKL 22 Produce Buying Company Ltd. GH0000000169 PBC 0 PBC 23 PZ Cussons Ghana Ltd. GH0000000177 PZC 0 PZC 24 Standard Chartered Bank Gh. Ltd. GH0000000185 SCB 42 SCB 25 SIC Insurance Company Ltd. GH0000000730 SIC 0 SIC 26 Starwin Products Ltd. GH0000000623 SPL 0 SPL 27 SG-SSB Limited GH0000000201 SG-SSB 47 SG-SSB 28 Sam Woode Ltd. GH0000000516 SWL 0 SWL 29 Trust Bank Ltd. (The Gambia) GH0000000532 TBL 0 TBL 30 Total Petroleum Ghana Ltd. GH0000000144 TOTAL 0 TOTAL 31 Transaction Solutions (Ghana) Ltd. GH0000000706 TRANSOL 0 TRANSOL 32 Tullow Oil Plc GH0000001050 TLW 0 TLW 33 Unilever Ghana Ltd. GH0000000219 UNIL 0 UNIL 34 UT Bank Ltd GH0000000755 UTB 0 UTB Depository shares Sub-Total 572 . AngloGold Ashanti Depository Shares GH0000000615 AADS 0 AADS Preference Shares Standard Chartered Bank Preference Shares GH0000000664 SCB PREF 0 SCB PREF Grand Total 572 3 OFFICIAL LIST 3917 Trading Session SHARES Wednesday, 23 January 2013 Year Year Low Previous Opening Last Closing Price Closing Bid Closing Offer Total Shares Total Value High (GH¢) Closing Price Transaction Price - Change Price Price Traded Traded (GH¢) (GH¢) Price - (GH¢) Price (GH¢) VWAP (GH¢) (GH¢) (GH¢) VWAP (GH¢) (GH¢) No. ISIN Share Code Equities 1 African Champion Ltd GH0000000193 ACI 0.07 0.07 0.07 0.07 0.07 0.07 0.00 0 0.00 ACI 2 AngloGold Ashanti Ltd. GH0000000607 AGA 37.00 37.00 37.00 37.00 37.00 37.00 0.00 0 0.00 AGA 3 Aluworks Limited GH0000000037 ALW 0.05 0.05 0.05 0.05 0.05 0.05 0.00 0.05 0.06 0 0.00 ALW 4 Ayrton Drug Manufacturing Ltd. GH0000000672 AYRTN 0.18 0.17 0.18 0.18 0.18 0.18 0.00 0.17 0.18 0 0.00 AYRTN 5 Benso Oil Palm Plantation GH0000000581 BOPP 1.46 1.40 1.46 1.46 1.46 1.46 0.00 1.46 100 146.00 BOPP 6 Cal Bank Ltd GH0000000649 CAL 0.41 0.36 0.39 0.39 0.39 0.41 0.02 0.42 0.43 134,300 55,251.00 CAL 7 Clydestone (Ghana) Ltd. GH0000000573 CLYD 0.04 0.04 0.04 0.04 0.04 0.04 0.00 0.04 0 0.00 CLYD 8 Camelot Ghana Ltd. GH0000000227 CMLT 0.14 0.14 0.14 0.14 0.14 0.14 0.00 0.14 0 0.00 CMLT 9 Cocoa Processing Co. Ltd. GH0000000540 CPC 0.02 0.02 0.02 0.02 0.02 0.02 0.00 0.01 0.02 0 0.00 CPC 10 Ecobank Ghana Ltd. GH0000000680 EBG 3.00 3.00 3.00 3.00 3.00 3.00 0.00 0.28 0.30 0 0.00 EBG 11 Enterprise Group Ltd. GH0000001001 EGL 0.50 0.47 0.50 0.50 0.50 0.50 0.00 0.50 0.52 0 0.00 EGL 12 Ecobank Transnational Inc. TG0000000132 ETI 0.12 0.12 0.12 0.12 0.12 0.12 0.00 0.12 0.13 101,700 12,204.00 ETI 13 Fan Milk Ltd. GH0000000078 FML 3.55 3.55 3.55 3.55 3.55 3.55 0.00 3.55 10,100 35,855.00 FML 14 Ghana Commercial Bank Ltd. GH0000000094 GCB 2.24 2.10 2.22 2.22 2.22 2.24 0.02 2.25 2.30 11,100 24,916.00 GCB 15 Guinness Ghana Breweries Ltd. GH0000000102 GGBL 2.63 2.62 2.63 2.63 2.63 2.63 0.00 2.63 0 0.00 GGBL 16 Ghana Oil Company Limited GH0000000722 GOIL 0.66 0.62 0.65 0.65 0.65 0.66 0.01 0.65 0.66 11,100 7,315.00 GOIL 17 Golden Star Resources Ltd. GH0000000748 GSR 2.75 2.75 2.75 2.75 2.75 2.75 0.00 0 0.00 GSR 18 Golden Web Ltd GH0000000631 GWEB 0.04 0.04 0.04 0.04 0.04 0.04 0.00 0.04 0 0.00 GWEB 19 HFC Bank (Ghana) Ltd. GH0000000110 HFC 0.45 0.45 0.45 0.45 0.45 0.45 0.00 0.44 0.45 0 0.00 HFC 20 Mechanical Llyod Co. Ltd. GH0000000136 MLC 0.15 0.13 0.13 0.13 0.13 0.13 0.00 0.13 0.14 600 78.00 MLC 21 Pioneer Kitchenware Ltd. GH0000000151 PKL 0.06 0.06 0.06 0.06 0.06 0.06 0.00 0 0.00 PKL 22 Produce Buying Company Ltd. GH0000000169 PBC 0.18 0.18 0.18 0.18 0.18 0.18 0.00 0.16 0.18 0 0.00 PBC 23 PZ Cussons Ghana Ltd. GH0000000177 PZC 0.18 0.18 0.18 0.18 0.18 0.18 0.00 0.18 0 0.00 PZC 24 Standard Chartered Bank Gh. Ltd. GH0000000185 SCB 12.31 11.50 12.31 12.31 12.31 12.31 0.00 12.29 12.31 2,130 26,220.30 SCB 25 SIC Insurance Company Ltd. GH0000000730 SIC 0.34 0.32 0.32 0.32 0.32 0.32 0.00 0.28 0.32 700 224.00 SIC 26 Starwin Products Ltd. GH0000000623 SPL 0.05 0.05 0.05 0.05 0.05 0.05 0.00 0.05 0 0.00 SPL 27 SG-SSB Limited GH0000000201 SG-SSB 0.59 0.48 0.57 0.57 0.57 0.59 0.02 0.59 0.60 26,000 15,221.00 SG-SSB 28 Sam Woode Ltd. GH0000000516 SWL 0.02 0.02 0.02 0.02 0.02 0.02 0.00 0 0.00 SWL 29 Trust Bank Gambia Ltd GH0000000532 TBL 0.40 0.40 0.40 0.40 0.40 0.40 0.00 0.40 0 0.00 TBL 30 Total Petroleum Ghana Ltd. GH0000000144 TOTAL 23.50 20.50 23.00 23.00 23.00 23.00 0.00 23.00 0 0.00 TOTAL 31 Transaction Solutions (Ghana) Ltd. GH0000000706 TRANSOL 0.04 0.04 0.04 0.04 0.04 0.04 0.00 0.05 0 0.00 TRANSOL 32 Tullow Oil Plc GH0000001050 TLW 38.05 38.00 38.00 38.00 38.00 38.00 0.00 37.79 0 0.00 TLW 33 Unilever Ghana Ltd.
Recommended publications
  • 2017 Annual Report and Financial Statements
    2017 ANNUAL REPORT AND FINANCIAL STATEMENTS 2017 ANNUAL REPORT AND FINANCIAL STATEMENTS SAS FORTUNE FUND LIMITED 3 SAS FORTUNE FUND LIMITED CORPORATE INFORMATION The Manager: SAS Investment Management Ltd. (SAS-IM) 14th Floor WTCA Building, Indep. Avenue, Accra Tel: +233-302-661770/2/008/880 +233-302-661900 Fax: +233-302-663999 E-mail: [email protected] Website: www.sasghana.com Directors of the Fund: Maxwell Logan (Chairman) Togbe Afede XIV Apiigy Afenu (Removed on 6th July 2017) Nana Soglo Alloh (Removed on 6th July 2017) Paul Hammond The Custodian: Standard Chartered Securities Services Head Office P. O. Box 768 Accra Independent Auditors: Nexia Debrah & Co. (Chartered Accountants) BCB Legacy House # 1 Nii Amugi Avenue East Adabraka, Accra P. O. Box CT 1552 Cantonments, Accra Solicitors: R. S. Agbenoto and Associates 4th Floor Total House 25 Liberia Road Secretary: Accra Nominees Cedar House No. 13 Samora Machel Road Asylum Down, Accra 4 CONTENTS Corporate Information 4 Chairman’s Report 8-9 Fund Manager’s Report 10-15 Report of the Directors 16-17 Report of the Auditors 18-21 Statement of Investment Assets 22-23 Statement of Comprehensive Income 24 Statement of Financial Position 25 Statement of Cash Flows 26 Portfolio Summary 28 SAS Notes to the Financial Statements 29-37 FORTUNE FUND REPORT Report of the Custodian 38-40 Information on Directors 41 AND FINANCIAL STATEMENTS 5 SAS FORTUNE FUND LIMITED NOTICE OF MEETING NOTICE is hereby given that the 13th Annual General Meeting of the Members of the SAS Fortune Fund will be held on Thursday July 26, 2018 at the British Council Hall, Liberia Road, Accra at 12.30 p.m.
    [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]
  • Has Gse Played Its Role in the Economic Development of Ghana?
    CAPITAL MARKET 23 YEARS AND COUNTING: HAS GSE PLAYED ITS ROLE IN THE ECONOMIC DEVELOPMENT OF GHANA? 1st CAPITAL MARKET CONFERENCE BY EKOW AFEDZIE, DEPUTY MANAGING DIRECTOR MAY 10, 2013 INTRODUCTION Ghana Stock Exchange (GSE) was established with a Vision: -To be a relevant, significant, effective and efficient instrument in mobilizing and allocating long-term capital for Ghana’s economic development and growth. INTRODUCTION OBJECTIVES - To facilitate the Mobilization of long term capital by Corporate Bodies/Business and Government through the issuance of securities (shares, bonds, etc). - To provide a Platform for the trading of issued securities. MEMBERSHIP OF GHANA STOCK EXCHANGE GSE as a public company limited by Guarantee has No OWNERS OR SHAREHOLDERS. GSE has Members who are either corporate or individuals. There are two categories of members:- - Licensed Dealing Members - 20 - Associate Members - 34 HISTORICAL BACKGROUND 1968 - Pearl report by Commonwealth Development Finance Co. Ltd. recommended the establishment of a Stock Exchange in Ghana within two years and suggested ways of achieving it. 1970 – 1989 - Various committees established by different governments to explore ways of bringing into being a Stock Exchange in the country. HISTORICAL BACKGROUND 1971 - The Stock Exchange Act was enacted. - The Accra Stock Exchange Company incorporated but never operated. Feb, 1989 - PNDC government set up a 10-member National Committee on the establishment of Stock Exchange under the chairmanship of Dr. G.K. Agama, the then Governor of the Bank of Ghana. HISTORICAL BACKGROUND July, 1989 - Ghana Stock Exchange was incorporated as a private company limited by guarantee under the Companies Code, 1963. HISTORICAL BACKGROUND Nov.
    [Show full text]
  • Aluworks Annual Report
    ALUWORKS LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS 31ST DECEMBER 2018 ALUWORKS LIMITED CONTENTS. Notice of Annual General Meeting 3 Corporate Information 4 Directors Gallery and Profiles 5 Corporate Governance 8 Chairman’s Statement 9 Quality Assurance Policy 13 Management Gallery 14 Financial Highlights 15 Report of the Directors 16 Independent Auditor’s Report 23 Statement of Financial Position 27 Statement of Comprehensive Income 28 Statement of Changes in Equity 29 Statement of Cash Flows 30 Notes to the Financial Statements 31 Shareholders Information Appendix 72 Corporate Social Responsibility Appendix 73 Proxy Form 79 Page 2 2018 Aluworks Limited Annual Report ALUWORKSALUWORKS LIMITEDLIMITED CONTENTS. Notice of Annual General Meeting 3 Corporate Information 4 Directors Gallery and Profiles 5 Corporate Governance 8 Chairman‟s Statement 9 Quality Assurance Policy 12 Management Gallery 13 Financial Highlights 14 Report of the Directors 15 Independent Auditor‟s Report 20 By Order Of the Board Statement of Financial Position 24 Statement of Comprehensive Income 25 Statement of Changes in Equity 26 Statement of Cash Flows 27 Notes to the Financial Statements ACCRA28 NOMINEES LIMITED COMPANY SECRETARIES Note:Shareholders Information Appendix 58 A member of the company entitled to attend and vote may appoint a proxy to attend and vote in his/her stead. A proxy need not be a member of the company. Completed proxy forms should beCorporate deposited atSocial the offices Responsibility of the Registrars Appendix Universal Merchant Bank 59Limited, 123 Kwame Nkrumah Avenue, Sethi Plaza, Adabraka, Accra, P. O. Box GP401, Accra not less than 48 hours beforeProxy the Form appointed time of the meeting.
    [Show full text]
  • OFFICIAL LIST 4024 Trading Session Friday, June 28, 2013 GSE STOCK INDICES
    OFFICIAL LIST 4024 Trading Session Friday, June 28, 2013 GSE STOCK INDICES GSE Composite GSE Financial Stocks Index (GSE-CI) Index (GSE-FSI) PREVIOUS 27/06/2013) = 1,877.65 1,585.72 CURRENT 28/06/2013) = 1,880.26 1,591.18 2.61 points 5.46 points CHANGE-YEAR TO DATE (Jan 01, 2013- June 28, 2013) 56.72% 53.02% This Week in Focus Shares Bonds GSE Value of Composite Government Index Market Capitalization Bonds Traded Date Volume Value GH¢ (GSE-CI) GH¢ million GH¢ million Monday 24-Jun-13 493,511 1,581,041.68 1,900.10 56,154.80 0.000 Tuesday 25-Jun-13 426,550 1,196,438.69 1,891.94 56,110.32 1.240 Wednesday 26-Jun-13 880,088 966,256.30 1,874.67 55,894.32 15.743 Thursday 27-Jun-13 1,553,869 2,844,118.70 1,877.65 55,910.61 4.295 Friday 28-Jun-13 251,546 482,820.80 1,880.26 55,924.82 0.000 Notes/Announcements 1. The following announcements have been made on final dividends and annual general meetings: Dividend per Company Share ¢ Qualifying Date Ex-Div Date Payment Date AGM Date Venue for AGM CAL 0.006 26/06/2013 24/06/2013 30/08/2013 AYRTN 0.0013 25/06/2013 21/06/2013 8/8/2013 27/06/2013 OEPCH TOTAL 0.6900 18/07/2013 16/07/2013 26/07/2013 GCPS:GhanaAICC: Accra International College of Physicians Conference and Centre Surgeons OEPCH:Osu Ebenezer Presbyterian Church HalL Enquiries to: General Manager Ghana Stock Exchange 5th & 6th Floors Cedi House, Liberia Road, Accra Tel: 021 669908, 669914, 669935 Fax: 021 669913 e-mail: [email protected] OFFICIAL LIST 4024 Trading Session ODD LOT Friday, June 28, 2013 ISIN Share Code Total Shares No.
    [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$' inch up to 0.42% last Thursday. Though, most equities gave million) 20,109.50 20,014.06 -0.47% up their opening prices, rise in the market value of Ghana Oil Petroleum Company Limited (GOIL), Societe Generale Ghana Volume traded (shares) 783,118.00 573,274.00 -26.80% Table 1: Market Summary Limited (GOIL) and Fan Milk Limited (FML) were enough to close the week’s activities on a positive note. Key benchmark indices closed the week better despite slight volatilities during inter-day trading. The GSE Composite INDEX ANALYSIS index closed at a year-to-date return of 0.42% whiles the GSE Financial Stocks Index settled at 0.67% returns. INDICATORS Closing Week YTD Level Change CHANGE Total market capitalization of the Ghana Stock Exchange was GH¢64.23 billion, an equivalent to USD20.00 billion. GSE Composite Index 2,270.57 0.42% 0.42% GSE Financial Stocks Index 2,258.77 0.67% 0.67% Table 2: Key Stock Market Indices LIQUIDITY The absence of block trades over the period saw liquidity comparatively down last week. All in all, an approximate figure of 573,274 shares exchanged hands within the first trading week of the year, and was also valued about GH¢2.48 million.
    [Show full text]
  • Weekly Market Watch Sic-Fsl Investment+ Research| Market Reviews|Ghana
    WEEKLY MARKET WATCH SIC-FSL INVESTMENT+ RESEARCH| MARKET REVIEWS|GHANA 14th September, 2017 Address: No. 67A & B Switchback Road, Email: [email protected] Website: www.sic-fsl.com Phone: +233-302-767-051 +233-302-767-123 STOCK MARKET PROFIT-TAKING SLOWS MARKET PERFORMANCE Intense profit-taking on the Ghana Stock Exchange (GSE) INDICATORS WEEK OPEN WEEK END CHANGE saw key performance indicators dip for the first time in Market Capitalization several weeks. Among the nine (9) price movers, five (5) (GH¢'million) 58,810.32 58,022.89 -1.34% equities were ticked-down while the rest gained. Among the Market Capitalization (US$'million) 13,359.91 13,171.45 -1.41% laggards, shares of Standard Chartered Bank Limited (SCB), GCB Bank Limited (GCB), Enterprise Group Limited (EGL) Volume traded (shares) 1,090,896.00 3,860,498.00 253.88% and Trust Bank Gambia Limited (TBL) were the hardest hit on Value Traded (GH¢) 7,134,447.86 9,038,209.20 26.68% the bourse last week. Value Traded (US$) 1,620,728.73 2,051,713.70 26.59% At the close of activities last Thursday yields on the GSE- Table 1: Market Summary Composite Index (GSE-CI), the GSE Financial Stocks Index (GSE-FSI) and the SIC-FSL Top 15 liquid Index (T-15 Index) declined from their previous week year-to-date gains of INDEX ANALYSIS 44.73%, 42.91% and 52.92% to settle at annual returns of 37.08%, 31.38% and 45.33% respectively. INDICATORS Closing Week YTD Level Change CHANGE Total market capitalization dipped from the previous week’s GSE Composite Index 2,315.48 -5.28% 37.08% figure of GH¢58.81 billion to GH¢58.02 billion.
    [Show full text]
  • (A CASE STUDY of GHANA STOCK EXCHANGE) By
    KWAME NKRUMAH UNIVERSITY OF SCIENCE AND TECHNOLOGY, KUMASI OPTIMAL PORTFOLIO SELECTION (A CASE STUDY OF GHANA STOCK EXCHANGE) By HERMAN YIRBECHAA TAGYANG (B. A. ECONOMICS AND MATHEMATICS) A THESIS SUBMITTED TO THE DEPARTMENT OF MATHEMATICS, KWAME NKRUMAH UNIVERSITY OF SCIENCE AND TECHNOLOGY IN PARTIAL FUFILLMENT OF THE REQUIREMENT FOR THE DEGREE OF MSc. INDUSTRIAL MATHEMATICS MAY, 2014 DECLARATION I hereby declare that this submission is my own work towards the award of the MSc. degree and that, to the best of my knowledge, it contains no material previously published by another person nor material which had been accepted for the award of any other degree of the university, except where due acknowledgement had been made in the text. Tagyang Yirbechaa Herman ....................................... Student Signature Date Certified by: Mr. Kwaku Darkwa ....................................... Supervisor Signature Date Certified by: Prof. S. K. Amponsah ....................................... Head of Department Signature Date i DEDICATION I wish to dedicate this work to the Glory of God Almighty who has been our help in ages past, our fortress now and is still our hope for many years to come. Also to my lovely wife, Irene Kumah and my parents, Mr and Mrs Tagyang. ii Abstract The knapsack model is employed in many fields of study including Business, Engineering and Economics to solve problems related to resource constraints. The knapsack problem is a form of integer programming problem that has only one constraint and can be used to strengthen cutting planes for general integer programs. These facts make the studies of the knapsack problems and their variants extremely important area of research in the field of operations research.
    [Show full text]
  • Weekly Markets Update Wilfred Agyei Kofi B
    Analysts: Weekly Markets Update Wilfred Agyei Kofi B. Kyei Yaw Saifah For the week ending January 13,2017 Tel: +233(0)302 251137 Email: [email protected] Equities Market Performance Indicators Ga ine rs Stock Market Data: Januray 13, 2017 Indic a tor This We e k Previous Week Cha nge Y TD Tic ke r Price (GHS) Cha nge Div GSE Composite Index (GSE- CI) 1,735.67 1,699.42 36.25 2.76% ETI 0.13 30.00% Price Close 52 Week Market Cap P/E Yield P/B GSE Financial Stock Index (GSE- FSI) 1,613.19 1,564.82 48.37 4.39% EGH 6.85 5.40% Industry/EquitiesTicker GHS USD High Low Volume Traded Value Traded Ratio (%) Ratio GHS MN USD MN Market Cap (GHS MN) 53,588.83 52,756.81 832.02 GCB 3.67 1.10% AGRO PROCESSING 4.22 4.22 Value Traded (GHS MN) 1.63 4.34 - 2.71 TOTAL 2.04 1.00% Volume Traded (MN) 10.76 13.15 - 2.40 BensoBOPP Oil Palm2.40 Plantation0.57 3.13 2.08 29 60 9.49 2.94 1.21 83.52 19.77 Lose rs CocoaCPC Processing0.02 Company0.00 0.02 0.01 0 0 n.m. n.m. 3.96 22.02 5.21 Equities Market Commentary & News Tic ke r Price (GHS) Cha nge GoldenGWEB Web0.01 Ltd 0.00 0.01 0.01 0 0 n.m. n.m. -0.13 0.35 0.08 Investor sentiments swayed in the positive direction during the week in focus as the search for positions in blue CAL 0.76 - 1.30% chip stocks resulted in the values of Ecobank Transnational Incorporated, Ecobank Ghana, GCB Bank and BANKING Total Petroleum closing on the north side of the bourse.
    [Show full text]
  • GNAM Investment Competition UNIVERSITY of GHANA
    GNAM Investment Competition UNIVERSITY OF GHANA BUSINESS SCHOOL FAN MILK GHANA LTD 31ST October, 2015 MEMBERS Abdulai M. Sadat Getrude A Dzansi Bismark Amewu Enoch Dadzie Paula Araba Bentil Gyamfi K. Arthur INTRODUCTION The Ghana stock Exchange has provided the platform for both the Government and the private businesses to enable them raise capital. Investors also play a key role in the Ghana stock Exchange market because they are the provider of capital. As much investor wish to earn huge returns they are also mindful of risk. Diversification of investment is essential to ensure: Liquidity of investment Good returns Capital safety Stock performance evaluation is therefore very crucial to investment decision 2 The Ghana stock exchange(GSE) 36 Companies r listed of the GSE. The manufacturing and brewing sectors currently dominate the exchange. A distant third is the banking sector while other listed companies fall into the insurance, mining and petroleum sectors In 1994 it was the best index performing stock market among all emerging markets, gaining 124.3% in its index level. From January to July 2013, the GSE Composite Index stands at 61.39% as against 6.06 per cent for the whole of 2012. At the close of business on July 31, In terms of value, total trade stands at GH¢230.51 million, as against GH¢102.2 million for the whole of last year. 3 METHODOLOGY OVERVIEW It considers the formula adopted for the research, the investment tools, the sources of data and the methods used in analyzing the data The study is purely archival research using data from the firms listed of the GSE Data sample description; which talks about the sources of data Performance measure; methods used in analyzing the data This measure is to evaluate the performance of the listed companies in Ghana 4 DATA AND SAMPLE DESCRIPTION The analysis was based on past data of the firms listed on GSE over a period of five years spanning from 2010 to 2014.
    [Show full text]
  • CONFERENCE PROCEEDINGS Editors: Dr
    UNIVERSITY OF GHANA BUSINESS SCHOOL CONFERENCE PROCEEDINGS editors: Dr. Richard Boateng, Dr. Mohammed A. Sanda, Dr. Godfred A. Bokpin, Dr. Adelaide Kastner and Mr. Francis Adzei UNIVERSITY OF GHANA BUSINESS SCHOOL UGBS CONFERENCE ON BUSINESS AND DEVELOPMENT 2013 This book of proceedings features a mix of conceptual and empirical research papers which set the agenda for discussion on key themes in accounting; finance, banking & insurance; marketing and customer management; operations and management information systems; organisation and human resource management; and public administration and health services management. Published 2013 in Ghana by University of Ghana Business School (UGBS) Copyright © 2013 UGBS. All Rights Reserved. ISBN: xxx-xxxx-x-xxxx-x All rights reserved. Published by University of Ghana Business School (UGBS) P. O. Box LG 78 Legon, Accra, Ghana Tel: +233 302 501008 Email: [email protected] Printed in Ghana by UGBS in collaboration with Craft Concepts Limited P. O. Box NB 649, Nii Boiman, Accra, Ghana Tel: +233-302-925-762 Email: [email protected] Copyright©2013 Internet Version (30 April 2013) The Internet version of this document can be accessed at: http://ugbs.ug.edu.gh/ UGBS Conference on Business and Development – Conference Proceedings Contents Contents ................................................................................................................................................................. 1 Conference Welcome ............................................................................................................................................
    [Show full text]
  • Download the Full Report
    Social Responsibility CONTENTS Page Notice of Annual General Meeting 2 Five-Year Financial Summary 3 Board of Directors, Officials and Registered Office 4 Profile of Board of Directors 5 Chairman’s Report 6 Managing Director’s Report 9 Report of the Directors 13 Report of the Auditors 16 Consolidated Statement of Profit or Loss 18 Consolidated Statement of Other Comprehensive Income 19 Consolidated Statement of Financial Position 20 Consolidated Statement of Changes in Equity 21 Consolidated Statement of Cash Flows 22 Notes to the Consolidated Financial Statements 23 Notes on Resolutions to be Passed 76 Proxy Form 77 ANNUAL REPORT 2014 1 NOTICE OF ANNUAL GENERAL MEETING OF CAL BANK LIMITED TO BE HELD ON FRIDAY, 27 MARCH 2015 AT THE GHANA COLLEGE OF PHYSICIANS RIDGE, ACCRA NOTICE IS HEREBY GIVEN that the Annual General Meeting of CAL Bank Limited will be held at 10 a.m. on Friday, 27 March, 2015 at the Conference Auditorium of Ghana College of Physicians and Surgeons, Ridge, Accra to transact the following business: AGENDA 1. To receive and consider the Reports of the Directors and the Auditors, and the Accounts of the Company for the year ended December 31, 2014 2. To declare a final dividend for the year ended December 31, 2014 3. To authorise the Directors to fix the fees of the Auditors 4. To re-elect Directors retiring by rotation 5. To re-elect newly-appointed Directors 6. To approve directors’ remuneration Dated this 19th day of February, 2015 BY ORDER OF THE BOARD VERITAS ADVISORS LIMITED COMPANY SECRETARY Note A member entitled to attend and vote at the Annual General Meeting may appoint a proxy to attend and vote on his/her behalf.
    [Show full text]