Sector by Sector Market Capitalization for 1st Half, 2012 on Ghana Stock Exchange

Courtesy: CBL Research

By the end of the first half of 2012, the most capitalized sector on GSE is the Mining and Oil Sector. This sector had a market capitalization of GHS 48,874.46 million, making 88.81%. This sector can boast of a mining giant,

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. 

UT Bank is the 2nd to win the Bank of the Year award on the Ghana Stock Exchange

After a short time of operating as a commercial bank in Ghana, UT Bank breaks Ecobank Ghana’s monopoly and becomes the second bank listed on the Ghana Stock Exchange (GSE) to win the Bank of the Year category at the Ghana Banking Awards since 2001.
The Bank of the Year is an award
category that goes to the bank with the highest weighted scores for the customer survey, corporate social responsibility and financial performance. The race to the top in the
Banking industry has

Focusing on the Banking sector of the Ghana Stock Exchange (Part I)

The financial sector on the Ghana Stock Exchange includes banking and non-banking stocks. There are seven (7) banks on the exchange, six of which operate in the country and one in Gambia, (Trust Bank ltd, TBL). The banks operating in Ghana include CAL Bank (CAL), Ecobank Ghana (EBG), Ghana Commercial Bank (GCB), HFC Bank (HFC), Standard Chartered Bank (SCB), and UT Bank (UTB).

Let us now look at the various facts & figures behind these banks and how they performed since January 2012 on the Stock market.
I would be concentrating on GCB & HFC in this post.

Ghana Commercial Bank (GCB);

GCB - Bloomberg Chart: Price movement from Dec 2011 to May 2012. 

With market capitalization of about GHS 506.15 million, GCB began the