Saturday, June 30, 2012

Annual General Meetings Scheduled for July by Companies on Ghana Stock Exchange


The beginning of the second quarter was a busy time for most companies as various directors prepared to meet their shareholders. Some companies on the Ghana Stock Exchange had their Annual General Meetings in April. Others like Golden Stars Resources Ltd (GSR), Cocoa Processing Company (CPC), Enterprise Group Ltd (EGL) and CAL Bank (CAL) had theirs in May.

Friday, June 29, 2012

Ecobank Transnational Inc.(ETI) ensured the Stock Market maintained it's good performance in the week.

The week on the Ghana Stock Exchange commenced on a good note. On Monday, (25th June), marginal gains in two equities helped the market benchmark up 0.16 points, to close at 1,032.99 points, bringing the year-to-date change to 6.60%. The GSE-Financial Stock Index remained unchanged at 890.25 points, as financial stocks stayed flat. GOIL dominated trading. 
On Tuesday, (26th June), price appreciation in three equities pushed the GSE-Composite Index up 0.27 points, despite to losses in four, to close at

Monday, June 25, 2012

Charting the Progress on the Stock Market: UT Bank and CAL Bank

This post is the 3rd and final part on the Banking Sector of the Ghana Stock Exchange. In my first article on the Banking Sector of the GSE, [ Focusing on the Banking sector of the Ghana Stock Exchange (Part I)], I looked at Ghana Commercial Bank (GCB) and HFC Bank (HFC). The second part [ Charting the Banking Sector of the Ghana Stock Exchange ] focused on Ecobank Ghana (EBG) and Standard Chartered Bank (SCB). 
Using price movement charts, lets see how UT bank (UTB)  and CAL bank (CAL) stocks performed on the exchange six months into the year. 

Wednesday, June 20, 2012

Ghana Stock Exchange: Market Update (20.06.12) - CAL Bank led the market.


Today on the exchange, losses in two equities were cancelled out by upward price movement in four equities, ensuring that the stock market closed with a positive return of 0.17%. The major indices responded kindly. The GSE-Composite Index

Tuesday, June 12, 2012

Dollarization of the Ghanaian Economy: MD writes.

By Guest Blogger: David Mawutor Avor ( M. D. Avor );
Not too long ago, I used to watch the News on television without giving a hoot about business news. In fact, I would rather switch my channel to a different station than watch all those “meaningless” figures about the “dollar is trading at…” and so forth. How times change! Now that I have started

Tuesday, June 5, 2012

Is Ezwich stealing from the Cashless Society? Greed vs Pain


The ezwich system which is supposed to make life easier for us is causing more pain by ‘draining’ our accounts more than necessary. Ezwich is the brand name for the National Switch and Smart-card payment system and this system offers Deposit taking financial institutions (universal banks, rural banks and Saving & Loans) a platform that enables them to interoperate, obviously at the expense of the customers or users of the ezwich. The National Service Personnel

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