DOCSLIB.ORG

Market Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Market Report Market Report December 2017-Full Year MARKET HIGHLIGHTS GSE STOCK INDICES/CAPITALIZATION DEC 2017 YTD CHANGE DEC 2016 YTD CHANGE GSE COMPOSITE INDEX (GSE-CI) 2,579.72 52.73% 1,689.09 -15.33% GSE FINANCIAL STOCK INDEX (GSE-FSI) 2,310.58 49.51% 1,545.41 -19.93% MARKET CAPITALIZATION (GH¢ M) 58,803.96 11.48% 52,690.99 -7.75% DOMESTIC CAPITALIZATION (GH¢ M) 16,244.34 45.23% 10,877.03 -2.75% MARKET TURNOVER - EQUITIES DEC 2017 DEC 2016 VOLUME TRADED 7,013,135 129,056,489 VALUE TRADED (GH¢) 15,250,389.24 8,829,193.14 NUMBER OF TRANSACTIONS 1,002 1,300 TRADING DAYS 18 19 NUMBER OF TRADED SYMBOLS 26 27 MARKET DAILY AVERAGES - EQUITIES DEC 2017 DEC 2016 AVERAGE VOLUME TRADED 389,619 6,792,447 AVERAGE VALUE TRADED (GH¢) 847,243.85 464,694.38 AVERAGE NUMBER OF TRANSACTIONS 56 68 MARKET TURNOVER - EQUITIES JAN TO DEC 2017 JAN TO DEC 2016 VOLUME TRADED 322,725,768 252,833,427 VALUE TRADED (GH¢) 518,381,473.32 242,114,791.53 NUMBER OF TRANSACTIONS 20,755 20,685 TRADING DAYS 247 249 NUMBER OF TRADED SYMBOLS 40 45 MARKET TURNOVER - FIXED INCOME (DEBT) SECURITIES IN GH¢ MILLIONS DEC 2017 DEC 2016 CORPORATE (GH¢ M) - GOG NOTES AND BONDS (GH¢ M) 3,529.73 - MARKET TURNOVER - FIXED INCOME (DEBT) SECURITIES IN GH¢ MILLIONS JAN-DEC 2017 JAN-DEC 2016 CORPORATE (GH¢ M) 990.16 2.84 GOG NOTES AND BONDS (GH¢ M) 27,723.53 12,510.74 LISTINGS DEC 2017 DEC 2016 LISTED COMPANIES (MAIN MARKET AND GAX) 40 41 LISTED EQUITIES (MAIN MARKET) ORDINARY SHARES 36 37 DEPOSITORY SHARES 1 1 PREFERENCE SHARES 1 1 EXCHANGE TRADED FUNDS 1 1 EQUITIES ON GHANA ALTERNATIVE MARKET (GAX) 4 4 DELISTINGS-EQUITIES DEC 2017,DEC 2016) 1 0 NUMBER OF LISTED NOTES & BONDS ON GFIM DEC 2017 DEC 2016 CORPORATE 45 23 1 YEAR GOG 23 22 2 YEAR GOG 24 51 3 YEAR GOG 11 12 5 YEAR GOG 9 8 7 YEAR GOG 3 2 10 YEAR GOG 1 1 15 YEAR GOG 1 - EURO BOND (US$) 4 4 LOCAL US$ 4 2 BONDS DEC 2017 DEC 2016 VALUE OF LISTED NOTES & BONDS CORPORATE (GH¢ M) 6,643.94 444.52 GOG NOTES & BONDS (GH¢ M) 42,889.20 22,139.58 EURO BOND (US$ B) 3,750.00 3.53 LOCAL US$ NOTES & BONDS (US$ M)** 316.04 94.64 (1.) 2016 Volume, Value and Number of Transactions Figures Includes Transactions in GOILRT, GGBLRT ** Local US$ Notes and Bonds is converted to GH¢ equivalent GSE Market Report - December 2017 1 1 MARKET HIGHLIGHTS (Continuation) GSE FINANCIAL STOCK INDEX SUMMARY - 2011 TO DEC 2017 Year/Period Index Value % Change 2011 863.09 -13.69 2012 1,039.86 20.48 2013 1,786.60 71.81 2014 2,243.63 25.58 2015 1,930.06 -13.98 2016 1,545.41 -19.93% 2017 2,310.58 49.51% SELECTED ECONOMIC INDICATORS DEC 2017 DEC 2016 INFLATION RATE YEAR-ON-YEAR (%) 11.80 15.54 INTEREST RATE (% ON MOST RECENT ISSUE) 91-DAY T-BILL 13.34 16.43 182-Day T-BILL 13.88 17.64 EXCHANGE RATE US$ 1 to 1 GHANA CEDIS 4.42 4.20 UK£ 1 to 1 GHANA CEDIS 5.97 5.20 1 Euro to 1 GHANA CEDIS 5.30 4.44 GSE Market Report - December 2017 2 GSE INDEX SUMMARY NOV-DEC 1990 - DEC 2017 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 13.20 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 2014 2,439.20 21-Feb 2,145.20 Jan-02 2,261.02 5.40 2015 2,386.51 9-Jun 1,954.21 Dec-11 1,994.91 -11.77 2016 2,013.81 14-Jan 1,527.94 Dec-07 1,689.09 -15.33% 2017 2,579.72 29-Dec 1,698.20 Jan-03 2,579.72 52.73% (1.) Nov. 1990 to 2010 Index is the GSE All-Share Index (2.) Index from 2011 is the GSE Composite Index MARKET ACTIVITIES - NOV - DEC 1990 -DEC 2017 Equities Volume Equities Value Traded Equities Market GoG & Corporate Notes/ GoG & Corporate Notes/ Period Traded (000) (GH ¢ m) Cap. (GH ¢ m.) Bonds Traded (GH ¢ m.) Bonds Listed (GH ¢ m.) Nov - Dec 1990 222.00 0.01 3.05 - - 1991 1,825.80 0.01 2.96 - - 1992 2,044.40 0.02 4.38 - - 1993 37,945.47 0.32 9.65 - - 1994 93,037.63 7.31 196.84 - - 1995 55,838.60 2.71 239.90 - - 1996 35,749.99 2.79 286.27 - - 1997 125,629.14 9.34 255.28 - - 1998 91,446.52 13.40 324.56 - - 1999 49,568.22 6.96 320.54 - - 2000 30,717.09 5.06 365.50 - - 2001 55,295.87 9.23 390.40 - - 2002 44,124.20 8.94 618.38 - - 2003 96,330.00 38.93 1,261.68 - - 2004 104,349.30 65.59 9,761.48 - - 2005 81,400.00 46.44 9,185.73 - - 2006 98,286.00 47.60 11,249.60 - - 2007 287,221.70 140.71 12,368.60 - - 2008 531,660.00 365.51 17,895.12 - - 2009 96,767.39 74.19 15,941.92 - - 2010 330,616.75 151.29 20,116.70 - - 2011 419,791.08 446.56 47,347.23 - - 2012 218,134.34 102.20 57,264.22 - - 2013 313,024.31 456.14 61,158.29 - - 2014 207,496.13 345.96 64,352.42 - - 2015 246,428.36 247.64 57,116.87 7,227.23 11,969.93 2016 252,833.43 242.11 52,690.99 12,513.58 22,627.31 Dec 2017 322,725.77 518.38 58,803.96 28,713.69 49,849.18 Total: Dec. 1990 to 4,230,509 3,355.33 Dec 2017 GSE Market Report - December 2017 3 MARKET ACTIVITIES - DEC 2017 Top 10 Volume Leaders Top 10 Value Leaders Symbol Traded Volume % of Total Volume Symbol Traded Value (GH¢) % of Total Value CAL 2,376,397.00 33.88 FML 4,042,584.87 26.51 SIC 1,894,806.00 27.02 CAL 2,613,080.07 17.13 GOIL 536,518.00 7.65 GCB 1,860,630.11 12.2 ETI 472,519.00 6.74 EGH 1,842,661.93 12.08 GCB 385,509.00 5.5 SCB 1,451,730.00 9.52 EGL 292,956.00 4.18 GOIL 1,428,609.36 9.37 EGH 244,057.00 3.48 EGL 1,104,987.84 7.25 FML 227,353.00 3.24 HFC 213,559.60 1.4 HFC 153,640.00 2.19 SIC 189,394.54 1.24 HFCRT 133,690.00 1.91 BOPP 130,548.00 0.86 MARKET ACTIVITIES -DEC 2017 Market Capitalization - End of Months for 2016 and GSE Composite Index - End of Months for 2016 and 2017 2017 (GH¢ M) Month 2017 2016 Month 2017 2016 January 54,048.70 56,963.50 January 1,776.40 2,004.12 February 49,060.25 56,334.32 February 1,854.53 1,972.18 March 48,846.99 54,796.35 March 1,865.01 1,912.02 April 58,822.68 54,429.40 April 1,896.13 1,828.78 May 58,772.49 54,256.87 May 1,919.71 1,758.35 June 59,457.95 54,735.64 June 1,964.55 1,787.50 July 57,209.86 54,605.56 July 2,256.78 1,796.29 August 58,055.05 53,250.69 August 2,389.01 1,805.36 September 58,381.49 52,987.69 September 2,326.09 1,774.90 October 58,022.51 52,385.55 October 2,361.48 1,728.37 November 58,503.37 50,917.09 November 2,521.67 1,575.71 December 58,803.96 52,690.99 December 2,579.72 1,689.09 Volume Traded - End of Months for 2016 and 2017 Value Traded - End of Months for 2016 and 2017 (GH¢) Month 2017 2016 Month 2017 2016 January 19,560,794 21,647,385 January 19,224,381.51 29,495,855.87 February 161,506,242 10,836,182 February 242,178,810.67 14,039,650.03 March 31,200,817 4,440,804 March 29,522,730.12 7,767,848.28 April 9,124,698 8,399,916 April 17,011,669.46 35,159,146.12 May 18,196,038 8,941,016 May 29,559,094.59 14,204,787.00 June 11,267,542 8,784,632 June 26,551,306.24 36,040,880.24 July 7,901,264 9,931,686 July 24,130,590.21 19,385,939.66 August 17,212,814 5,074,727 August 30,748,986.48 19,770,772.76 September 9,392,230 31,345,950 September 24,134,594.25 41,202,892.80 October 12,509,109 5,843,810 October 19,183,944.47 2,438,760.27 November 17,841,085 8,530,830 November 40,884,976.08 13,779,065.36 December 7,013,135 129,056,489 December 15,250,389.24 8,829,193.14 Total 322,725,768 252,833,427 Total 518,381,473.32 242,114,791.53 GSE Market Report - December 2017 4 SECTORIAL DISTRIBUTION OF TRADES - DEC 2017 Sector Volume Traded Value Traded (GH ¢) No.
Load more

Recommended publications
  • Weekly Market Watch Sic-Fsl Investment+ Research| Market Reviews|Ghana
    WEEKLY MARKET WATCH SIC-FSL INVESTMENT+ RESEARCH| MARKET REVIEWS|GHANA 20th October, 2016 STOCK MARKET ACCRA BOURSE SWINGS BACK Increased bearish sentiment saw major performance INDICATORS WEEK OPEN WEEK END CHANGE indicators on the Ghana Stock Exchange (GSE) swung back last week, following a drop in the shares of blue-chip stocks. Market Capitalization (GH¢'million) 52,780.97 52,542.24 -0.45% Key among these stocks include the shares of Standard Market Capitalization Chartered Bank Limited (SCB, Total Petroleum Ghana Limited (US$'million) 13,299.81 13,254.52 -0.34% (TOTAL), Guinness Ghana Breweries Limited (GGBL) and Volume traded (shares) 348,651.00 1,445,517.00 314.60% GCB Bank Limited (GCB). Value Traded (GH¢) 454,858.25 371,669.73 -18.29% In the end, the yield on the GSE-Composite Index, the GSE Value Traded (US$) 114,615.73 93,758.92 -18.20% Financial Stocks Index (GSE-FSI) and the SIC-FSL Top 15 Table 1: Market Summary liquid Index (T-15 Index) slipped from their previous week losses of 11.25%, 13.08% and 20.52% each to settle at INDEX ANALYSIS 11.98%, 13.79% and 22.18% respectively. INDICATORS Closing Week YTD Level Change CHANGE Total market capitalization of the GSE also dropped from the previous week’s figure of GH¢52.78 billion to GH¢52.54 GSE Composite Index 1,755.90 -0.83% -11.98% billion, whilst an equivalent dollar value also dipped from the previous week’s USD 13.30 billion to USD13.25 billion SIC-FSL Top 15 Index 2,887.49 -2.09% -22.18% last Thursday.
    [Show full text]
  • Ecobank Full Year Review
    Analysts Weekly Markets Update Wilfred Agyei Kofi Busia Kyei Rudolf Cofie Tel: +233(0)302 251137 Website: www.umbcapital.com Our Opinion: SELL FEATURE FOR THE WEEK Ecobank’s full year profit declines by 21.56% Return on Equity (DuPont) Performance on the Stock Market 40.00% 37.18% Ecobank Ghana started 2017 at GHS6.40 and appreciated to GHS7.60 (as at 35.00% 34.19% December 2017), translating to a gain of 18.75%, reflecting positive sentiments 30.00% towards the banking giant. The 18.75% gain is better compared to the -8.70% 25.00% 24.87% and -7.76% recorded the same period a year ago and in 2015 respectively. 20.00% It has posted a 52-Week-High of GHS8.05, and a 52-Week Low of GHS6.40, 15.00% Wilfred Agyei with a PE Ratio of 8.74x, with an average price of GHS7.24 over the past 200 10.00% [email protected] days. 5.00% Trading activity has been brisk; a total volume of 3,395,200 shares of the bank 0.00% 2015 2016 2017 exchanged positions during 2017, this is higher than the 1,268,288 shares traded during 2016. Total value of shares traded amounted to GHS22,799,190 significantly higher than the GHS8,607,580 recorded in 2016. Return on Equity fell from 34% to 25% due to the sharp decline in the Net Profit Margin from 37% to 29%. Common Size Analysis FINANCIAL STATEMENT SUMMARY Proportion of Interest income 2017 2016 2015 100.00% INCOME STATEMENT GHS 000 GHS 000 GHS 000 81.92% Interest Income 885,483 878,914 790,961 80.00% Net Profit 255,384 325,594 327,523 64.36% 66.00% 60.00% BALANCE SHEET 41.41% Total Assets 9,098,692 8,025,510 6,587,487
    [Show full text]
  • Weekly Market Watch Sic-Fsl Investment+ Research| Market Reviews|Ghana
    WEEKLY MARKET WATCH SIC-FSL INVESTMENT+ RESEARCH| MARKET REVIEWS|GHANA 7th December, 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 GSE STARTS ON POOR NOTE The Ghana Stock Exchange (GSE) started the festive month on INDICATORS WEEK OPEN WEEK END CHANGE a poor note despite strong numerical strength of gainers over Market Capitalization laggards. Out of the seven (7) price movers, four (4) equities (GH¢'million) 58,503.37 58,219.42 -0.49% were ticked-up with the rest dipping. Shares of Access Bank Market Capitalization (US$'million) 13,259.46 13,198.09 -0.46% Limited (ACCESS), Ecobank Transnational Incorporated (ETI) and Ghana Oil Company Limited (GOIL) were the most Volume traded (shares) 5,019,353.00 2,297,271.00 -54.23% affected. Value Traded (GH¢) 13,765,756.99 2,664,838.94 -80.64% The yield on the GSE Composite Index (GSE-CI) dropped from Value Traded (US$) 3,119,930.42 604,107.49 -80.64% 2,521.67 points to 2,508.53 points, resulting in year-to-date Table 1: Market Summary gain 48.51%. Similarly, the GSE Financial Stocks Index (GSE- CI) and the SIC-FSL Top 15 Index (SIC-FSL T-15) closed at INDEX ANALYSIS year-to-date returns of 43.15% and 50.42% respectively INDICATORS CLOSING WEEK YTD lower than 44.19% and 52.42% recorded in the previous LEVEL CHANGE CHANGE week. GSE Composite Index 2,508.53 -0.52% 48.51% Total market capitalization dropped from the previous week’s SIC-FSL Top 15 Index 3,922.78 -1.31% 50.42% figure of GH¢58.50 billion to GH¢58.22 billion last Thursday.
    [Show full text]
  • Databank Weekly Market Watch
    March 3, 2017 GSE MARKET STATISTICS SUMMARY Weekly Stock Market Review SCB Tops Gainers Chart for 3rd Consecutive Week: The bulls maintained their Current Previous % Change hold on the equities market this week, supported by price gains in 7 counters. Databank Stock Index 24,460.95 24,329.82 0.54 The Ghana Stock Exchange’s Composite Index (GSE-CI) increased by 11.09 points GSE-CI Level 1,868.19 1,857.10 0.60 w/w to ~1,868 points, while the Databank Stock Index advanced by 131.13 points Market Cap (GH¢ m) 49,147.28 52,310.92 -6.05 w/w to ~24,461 points. The year to date returns of the GSE-CI and the Databank YTD Return DSI 9.53% 8.94% Stock Index thus increased to 10.60% and 9.53% respectively. YTD Return GSE-CI 10.60% 9.95% Market activity was vibrant this week. A block trade in Guinness Ghana Weekly Volume Traded (Shares) 3,567,878 921,507 287.18 Breweries pushed up the volume of shares traded by ~% w/w to ~3.57 million Weekly Turnover (GH¢) 4,603,367 4,555,231 1.06 shares, with a value of ~GH¢4.60 million. Out of the 25 counters that traded this Avg. Weekly Volume Traded (Shares) 878,352 861,281 1.98 week, Guinness Ghana Breweries emerged the most active counter, accounting Avg. Weekly Value Traded (GH¢) 1,268,601 1,246,575 1.77 for 56% of aggregate trade volumes. No. of Counters Traded 25 23 The market breath of the Ghana Stock Exchange was positive this week, with 7 No.
    [Show full text]
  • Weekly Market Watch Sic-Fsl Investment+ Research| Market Reviews|Ghana
    WEEKLY MARKET WATCH SIC-FSL INVESTMENT+ RESEARCH| MARKET REVIEWS|GHANA 9th October, 2014 SIC FINANCIAL SERVICES LIMITED|ADVISORY|FUND MANAGEMENT|STOCK BROKERAGE|INVESTMENT RESEARCH STOCK MARKET MARKET ACTIVITIES SHORE UP Ren ewed investors confidence in capital market investment, INDICATORS WEEK OPEN WEEK END CHANGE shore up performance on the Ghana Stock Exchange (GSE) Market Capitalization (GH¢ last week. Stocks of Aluworks Limited (ALW), PBC Limited 'million) 63,840.80 64,027.40 0.29% (PBC) and SIC Insurance Company Limited (SIC) were the most Market Capitalization (US$' million) 19,965.85 20,024.21 0.29% sought for within the week. Volume traded (shares) 1,933,674.00 5,818,767.00 200.92% Activities in the above stocks saw key market indices rallied across board, as the broader market (GSE Composite Index), Value Traded (GH¢) 3,842,401.95 7,177,990.01 86.81% GSE Financial Services (GSE-CI) and SIC-FSL Top 15 Index Value Traded (US$) 1,201,689.43 2,244,875.69 86.81% (SIC-FSL T-15) posted better returns than the week before. Table 1: Market Summary The returns on the GSE-CI was 15.53% better than the previous 3.09% on the market, hence the yield on the INDEX ANALYSIS broader market was 3.57% last Thursday. Similarly, the yields on the financial stocks (GSE FSI) and the SIC-FSL Top INDICATORS Closing Week YTD Level Change CHANGE 15 index also appreciated 3.21% and 9.91% to see both yields settled at 18.96% and 13.64% respectively. GSE Composite Index 2,221.73 0.46% 3.57% The cumulative value of the Ghanaian market also rose to SIC-FSL Top 15 Index 3,926.96 1.09% 13.64% GH¢64.03 billion from GH¢63.84 billion the week before.
    [Show full text]
  • Market Report
    Market Report July 2017 MARKET HIGHLIGHTS GSE STOCK INDICES/CAPITALIZATION JUL 2017 YTD CHANGE JUL 2016 YTD CHANGE GSE COMPOSITE INDEX (GSE-CI) 2,256.78 33.61% 1,796.29 -9.96% GSE FINANCIAL STOCK INDEX (GSE-FSI) 2,079.34 34.55% 1,678.94 -13.01% MARKET CAPITALIZATION (GH¢ M) 57,209.86 8.46% 54,605.56 -4.40% DOMESTIC CAPITALIZATION (GH¢ M) 14,313.06 27.96% 10,443.75 -6.63% MARKET TURNOVER - EQUITIES JUL 2017 JULY 2016 VOLUME TRADED 7,901,264 9,931,686 VALUE TRADED (GH¢) 24,130,590.21 19,385,939.66 NUMBER OF TRANSACTIONS 1,961 1,561 TRADING DAYS 20 19 NUMBER OF TRADED SYMBOLS 30 30 MARKET DAILY AVERAGES - EQUITIES JUL 2017 JUL 2016 AVERAGE VOLUME TRADED 395,063 522,720 AVERAGE VALUE TRADED (GH¢) 1,206,529.51 1,020,312.61 AVERAGE NUMBER OF TRANSACTIONS 98 82 MARKET TURNOVER - EQUITIES JAN TO JUL 2017 JAN TO JUL 2016 VOLUME TRADED 258,757,395 72,981,621 VALUE TRADED (GH¢) 388,178,582.80 156,094,107.20 NUMBER OF TRANSACTIONS 12,348 12,522 TRADING DAYS 143 144 NUMBER OF TRADED SYMBOLS 37 42 MARKET TURNOVER - FIXED INCOME (DEBT) SECURITIES IN GH¢ MILLIONS JUL 2017 JUL 2016 CORPORATE - - GOG NOTES AND BONDS (GH¢ M) *** 724.39 835.93 MARKET TURNOVER - FIXED INCOME (DEBT) SECURITIES IN GH¢ MILLIONS JAN-JUL 2017 JAN-JUL 2016 CORPORATE - - GOG NOTES AND BONDS (GH¢ M) *** 7,559.02 - LISTINGS JUL 2017 JUL 2016 LISTED COMPANIES 41 39 LISTED EQUITIES ORDINARY SHARES 37 35 DEPOSITORY SHARES 1 1 PREFERENCE SHARES 1 1 EXCHANGE TRADED FUNDS 1 1 FOUR (4) EQUITIES ON GHANA ALTERNATIVE MARKET (GAX) 4 4 DELISTINGS-EQUITIES JUL 2017,JUL 2016) 0 0 NUMBER OF LISTED
    [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]
  • Market Report
    Market Report August 2019 MARKET HIGHLIGHTS GSE STOCK INDICES/CAPITALIZATION AUG 2019 YTD CHANGE AUG 2018 YTD CHANGE GSE COMPOSITE INDEX (GSE-CI) 2,303.80 -10.44% 2,897.53 12.32% GSE FINANCIAL STOCK INDEX (GSE-FSI) 1,999.73 -7.15% 2,691.16 16.47% MARKET CAPITALIZATION (GH¢ M) 57,599.79 -5.78% 55,971.16 -4.82% DOMESTIC CAPITALIZATION (GH¢ M) 23,428.34 -7.72% 19,004.31 16.99% MARKET TURNOVER - EQUITIES AUG 2019 AUG 2018 VOLUME TRADED 42,236,912 9,703,185 VALUE TRADED (GH¢) 34,147,973.58 36,376,494.88 NUMBER OF TRANSACTIONS 1,851 1,718 TRADING DAYS 20 22 NUMBER OF TRADED SYMBOLS 27 30 MARKET TURNOVER - EQUITIES JAN TO AUG 2019 JAN TO AUG 2018 VOLUME TRADED 153,308,690 133,420,238 VALUE TRADED (GH¢) 153,907,629.76 522,389,025.62 NUMBER OF TRANSACTIONS 11,849 14,785 TRADING DAYS 165 166 NUMBER OF TRADED SYMBOLS 37 38 MARKET DAILY AVERAGES - EQUITIES AUG 2019 AUG 2018 AVERAGE VOLUME TRADED 2,111,846 441,054 AVERAGE VALUE TRADED (GH¢) 1,707,398.68 1,653,477.04 AVERAGE NUMBER OF TRANSACTIONS 93 78 MARKET TURNOVER - FIXED INCOME (DEBT) SECURITIES IN GH¢ MILLIONS AUG 2019 AUG 2018 CORPORATE (GH¢ M) 103.23 884.05 GOG NOTES AND BONDS (GH¢ M) 3,483.71 2,102.69 MARKET TURNOVER - FIXED INCOME (DEBT) SECURITIES IN GH¢ MILLIONS JAN TO JUL 2019 JAN TO AUG 2018 CORPORATE (GH¢ M) 2,598.31 2,206.74 GOG NOTES AND BONDS (GH¢ M) 27,243.61 18,780.18 LISTINGS AUG 2019 AUG 2018 LISTED COMPANIES (MAIN MARKET AND GAX) 38 39 LISTED EQUITIES (MAIN MARKET) ORDINARY SHARES 33 34 DEPOSITORY SHARES 1 1 PREFERENCE SHARES 1 1 EXCHANGE TRADED FUNDS 1 1 EQUITIES ON GHANA ALTERNATIVE
    [Show full text]
  • Weekly Market Watch Sic-Fsl Investment+ Research| Market Reviews|Ghana
    WEEKLY MARKET WATCH SIC-FSL INVESTMENT+ RESEARCH| MARKET REVIEWS|GHANA 9th March, 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 ACCRA BOURSE REMAINS ON TRACK The Ghana Stock Exchange (GSE) remained on the positive INDICATORS WEEK OPEN WEEK END CHANGE track, as bulls for a second consecutive week flawed bears in last week’s activities. Shares of Aluworks Limited (ALW), Cal Market Capitalization (GH¢'million) 49,150.79 49,168.43 0.04% Bank Limited (CAL) and GCB Bank Limited (GCB) drove Market Capitalization performance further up. (US$'million) 10,913.18 10,679.73 -2.14% In the end, key benchmark indices like the GSE Composite Volume traded (shares) 3,914,151.00 1,376,659.00 -64.83% Index (GSE-CI), the GSE Financial Stocks Index (GSE-FSI) and Value Traded (GH¢) 8,839,592.42 2,536,094.27 -71.31% the SIC-FSL Top 15 Liquid Index (SIC-FSL T-15) closed the week slightly better. The GSE-CI closed at an annual yield of Value Traded (US$) 1,962,696.48 550,857.81 -71.93% 10.80%, whilst the GSE-FSI and SIC-FSL T-15 also closed at Table 1: Market Summary yields of 14.57% and 13.34% respectively. INDEX ANALYSIS Total market capitalization improved marginally from INDICATORS Closing Week YTD GH¢49.15 billion to GH¢49.17 billion. However, Level Change CHANGE corresponding dollar value slipped to USD 10.68 billion from USD 10.91 billion because of the depreciations in the GSE Composite Index 1,871.51 0.15% 10.80% Ghanaian Cedi against the Dollar.
    [Show full text]
  • 45Th IOSCO Annual Meeting HELD ONLINE
    ENSURING INVESTOR PROTECTION SEC OFFICIALNEWS NEWSLETTER OF SECURITIES & EXCHANGE COMMISSION 4TH QUARTER (OCT. - DEC.) 2020 45th IOSCO Annual Meeting HELD ONLINE Public Interest Warning To Investors Regarding Wiseline Online Investment Company Investor Protection Mandate of SEC 4th Quarter Market Summary Analyses & Highlights Key Market Statistics Infractions, Penalties and Complaints Received in the Fourth Quarter of 2020 “I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.” — Warren Buffett SECURITIES & EXCHANGE COMMISSION SEC NEWS 2020 TABLE OF CONTENTS 02 NOTICE TO THE PUBLIC Public Advice Public Notice 03 INTERNATIONAL UPDATES TThe International Organization of Securities Commissions (IOSCO) held its 45th Annual Meetings online. 04 KNOWLEDGE BANK The risk of losing money can arise from many types of financial transactions. This implies that financial markets have always been subject to compliance for rules and codes of conduct to protect investors and the general public, although in some cases, these rules have not always been enforced as robustly as they should. 06 ENFORCEMENTS Infractions, Penalties and Complaints Received during the Fourth Quarter of 2020. 09 FACTS & FIGURES - Assets Under Management (4th Quarter 2020) - Offers and Other Approvals - Capital Market Statistics and Analyses 13 MARKET SUMMARY ANALYSES & HIGHLIGHTS The Ghana Stock Exchange Composite Index (GSE-CI), closed at 1,941.59 points from 1,856.56 points recorded at the end of third quarter (Q3) 2020. This represents a -13.98% year-to-date (YTD) change compared to -17.75% YTD as at the end of September 2020. This indicates a slight improvement from the previous quarter.
    [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]