Ghana Market Watch | May 29th 2015: Ghanaian benchmark index marginally adds 4bps

Ghana Market Watch | May 29th 2015: Ghanaian benchmark index marginally adds 4bps

Accra, Ghana (Capital Markets in Africa):- Ghana equity benchmark composite index rose by 1.02 points to end the day at 2,362.63, representing a year- to- date return of 4.49 percent. The Financial stock index also trimmed 5.63 points to 2,416.70 with a year-to-date return of 7.71 percent. Trading activity on the stock market was impressive with demand by bargain investors leading to gains in nine equities. Fan Milk Limited Ghana led nine movers climbing GHS 0.21 to GHS 5.54. Also, five equities gained…

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Ghana Market Watch | May 28th 2015: Ghanaian benchmark index adds 0.05% and market cap up GHS 135 million

Ghana Market Watch | May 28th 2015: Ghanaian benchmark index adds 0.05% and market cap up GHS 135 million

Accra, Ghana (Capital Markets in Africa):- Ghana equity benchmark composite index advanced by 1.26 points (about 0.05 percent) to end the day at 2,362.28, representing a year- to- date return of 4.48 percent. While the financial Index lost 0.12 point to close at 2,422.33 with a year-to-date return trim to 7.68%. The market capitalization was recorded at GHS 64,575.13  million (gained GHS 135 million  from previous market capitalization).  At the same time, market activities were impressive with improved volume and turnover and…

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African Stock Market Performance in First Quarter, 2015

African Stock Market Performance in First Quarter, 2015

The Uganda Securities Exchange closed the first quarter (Q1) 2015 as the best performer (in local currency term), leading others on the continent. The exchange appreciated by 7.8 per cent. On the contrary, Nigerian Stock Exchange closed as the worst performer, shedding about 8.4 percent in the Q1.   Apart from Uganda that led with 7.8 per cent, the Nairobi Securities Exchange closed the Q1 with a growth of 7.5%, as well as Casablanca Stock Exchange, Morocco,…

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