Ghana Market Watch | June 18th 2015: Ghana equity markets indices and market capitalization return to red today, GHS 24 million down

Ghana Market Watch | June 18th 2015: Ghana equity markets indices and market capitalization return to red today, GHS 24 million down

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization tumbled at the end of today’s trading session. The benchmark composite index plunged by 4.41 points or about 0.18 percent to end the day at 2,377.66, bringing the year- to- date return to 5.16 percent. Equally, the financial Index dropped by 0.28 percent or 6.73 points to 2,439.49 with a year-to-date return of 8.73 percent. Likewise, the market capitalization fell nearly GHS 24.01 million (lose 0.04 percent relative to…

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Ghana Market Watch | June 17th 2015: Ghana equity markets indices and market capitalization bounce to green today, GHS 117 million up

Ghana Market Watch | June 17th 2015: Ghana equity markets indices and market capitalization bounce to green today, GHS 117 million up

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization climbed at the end of today’s trading session, amid of increased investor appetite. The benchmark composite index surged 21.14 points or about 0.77 percent to end the day at 2,382.07, bringing the year- to- date return to 5.35 percent. Equally, the financial Index climbed by 32.1 points or 1.11 percent to 2,446.19 with a year-to-date return of 9.03 percent. Likewise, the market capitalization gained nearly GHS 116.7 million (rose…

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Ghana Market Watch | June 16th 2015: Ghana equity markets indices and market capitalization tumble

Ghana Market Watch | June 16th 2015: Ghana equity markets indices and market capitalization tumble

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization nose-dive at the end of today’s trading session. The benchmark composite index dropped 3.15 points (about 0.13 percent) to end the day at 2,360.66, bringing the year- to- date return to 4.41 percent. Equally, the financial Index plunged by 5.21 points or 0.22 percent to 2,414.09 with a year-to-date return of 7.60 percent. Alike, the market capitalization went down nearly GHS 17.14 million (-0.03percent relative to yesterday market cap…

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Ghana Market Watch | June 10th 2015: Ghana equity markets indices and market capitalization nose-dive today

Ghana Market Watch | June 10th 2015: Ghana equity markets indices and market capitalization nose-dive today

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization nose-dive at the end of today’s trading session. The benchmark composite index dropped 5.73 points (about 0.24 percent) to end the day at 2,380.78, bringing the year- to- date return to 5.30 percent. Equally, the financial Index plunged by 9,59 points or 0.39 percent to 2,430.31 with a year-to-date return of 8.32 percent. Alike, the market capitalization went down nearly GHS 206.23 million (-0.32 percent relative to yesterday market…

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Ghana Market Watch | June 9th 2015: Ghana equity composite Index gains 0.54% and market cap up GHS 245 million

Ghana Market Watch | June 9th 2015: Ghana equity composite Index gains 0.54% and market cap up GHS 245 million

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets indices and market capitalization increased at the end of today’s trading session. The benchmark composite index gained 12.81 points (about 0.54 percent) to end the day at 2,386.51, bringing the year- to- date return to 5.55 percent. Equally, the financial Index rose by 12.39 points or 0.51 percent to 2,439.90 with a year-to-date return of 8.75 percent. Alike, the market capitalization added nearly GHS 245.15 million (0.38 percent) to settle at GHS 64,798.53 million….

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Ghana needs $15 bln over 10 yrs to close infrastructure gap, Says Vice President

Ghana needs $15 bln over 10 yrs to close infrastructure gap, Says Vice President

Accra, Ghana (Capital Markets in Africa) – Ghana requires some $15 billion over the next decade to plug a gap in its infrastructure, Vice President Kwesi Amissah-Arthur said on Tuesday at a forum of financial sector operators and private entrepreneurs in Dakar. A three-year-old power crisis in the West African nation has hindered economic growth and sapped businesses, prompting thousands of Ghanaians to take to the streets in protest last month. A fiscal crisis is…

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African Stock Market Performance at the end of May, 2015

African Stock Market Performance at the end of May, 2015

Lagos, Nigeria (Capital Markets in Africa):- African stock market performance across the region has remained fairly flat (with merely -0.8% average return) for local investors in the month of May 2015. Figures for the Market Performance Month of May saw the Exchanges record high’s of 4.9% and 4.0% in Botswana and Ghana respectively. Several Markets went the other way recording losses ranging from 0.2% to 6.7%  lead by the markets of South Africa (depreciated by 4.0%), Kenya (depreciated by 6.4%) and Namibia (down by…

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