Ghana Market Watch | June 3rd 2015: Ghana equity market cap GHS 11 million, indices down

Ghana Market Watch | June 3rd 2015: Ghana equity market cap GHS 11 million, indices down

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets gave up yesterday gains, so end in negative territory. The benchmark composite index gained 0.82 points (about 0.03 percent) to end the day at 2,367.14, increasing the year- to- date return to 4.66 percent. The financial Index also plummeted by 3.22 points (0.13 percent) to 2,420.10 with a year-to-date return of 7.90 percent. In the same negative mood, the market capitalization shed off nearly GHS 11.2 million (0.02 percent) to settle at…

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Ghana Market Watch | June 2nd 2015: Ghana stock market advances today, add GHS 25 million

Ghana Market Watch | June 2nd 2015: Ghana stock market advances today, add GHS 25 million

Accra, Ghana (Capital Markets in Africa):- Ghana equity markets retracted from yesterday lost, as a result end in green. The benchmark composite index gained 10.3 points (about 0.44 percent) to end the day at 2,367.14, increasing the year- to- date return to 4.69 percent. The financial Index also surged by 14.33 points (0.59 percent) to 2,423.33 with a year-to-date return of 8.00 percent. In the same positive mood, the market capitalization added nearly GHS 25 million (0.04 percent) to settle…

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Ghana Market Watch | June 1st 2015: Ghana stock market opens the week on a quite note and in a negative mood

Ghana Market Watch | June 1st 2015: Ghana stock market opens the week on a quite note and in a negative mood

Accra, Ghana (Capital Markets in Africa):- Ghana equity market opens the week on a quite note and in a negative mood. The benchmark composite index declined by 5.79 points (about -0.25 percent) to end the day at 2,356.84, reducing the year- to- date return to 4.24 percent. Likewise, the financial Index plummeted by 7.71 points (-0.32 percent) to 2,408.99 with a year-to-date return of 7.37 percent. However, the market capitalization was recorded at GHS 64,545.46 million. From the market activity perspective,…

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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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Ghana Market Watch | May 27th 2015: Ghanaian benchmark index adds 1.02pts

Ghana Market Watch | May 27th 2015: Ghanaian benchmark index adds 1.02pts

Accra, Ghana (Capital Markets in Africa):- Ghana equity benchmark composite index went down by 1.02 points (about -0.04 percent) to end the day at 2,361.02, representing a year- to- date return of 4.42 percent. The Financial Index also declined 2.01 points (-0.08 percent) to 2,422.45 with a year-to-date return of 6.64%. The market capitalization was recorded at GHS 64,440.64 million (lost GHS 5.5 million from previous market cap).  At the close of trading, a total of 154,578 shares valued at GHS 345,540 were…

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South Africa’s rand slips as Fed remarks boost dollar

South Africa’s rand slips as Fed remarks boost dollar

Johannesburg (Capital Markets in Africa):- South Africa’s rand weakened on Monday along with fellow emerging markets’ (EM) currencies as the dollar rallied after the Federal Reserve signalled a rate hike by year-end. By 0700 GMT the rand slipped 0.32 percent to 11.9310 versus the dollar, which marched to a month-high after positive CPI data and strong indications by U.S. Federal Reserve chair Janet Yellen that the bank would raise rates in 2015. The news lifted…

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