Ghanaian Stock Market Returns from 1990 to 2016

courtesy: www.annualreportsghana.com

GSE-Composite Index retreated as ETI reaches year low

Following losses on three banking stocks, the GSE-Composite Index retreated to 1,667.26 points, from the previous closing of 1,676.59 points. The year-to-date return on the local bourse fell 47bps to -16.42%.

The GSE Financial Stock Index also lost ground. It closed 13.39 points lower at 1,558.69 points. The return on financial stocks fell to -19.24% from -18.55%.

The turnover on the market was 0.05 million, 89.13% less than the previous session's trade volume. Trades in ETI represented 76.73% of the turnover. The total value recorded from trading was GHS0.05 million, of which SCB chalked up 42.77%. 

ETI dropped by a pesewa to close at a year-low of GHS0.10, amidst excess supply of the stock. The stock price may slip further if the sell-side pressure persists. EGH and SCB also saw their share prices depreciate. No gainers were recorded.

PBC & PZC saw their share prices decline leading market to fall

The GSE-Composite Index closed trading at 1,779.31 points, 1.14 points lower than the previous session. The downward movement was as a result of negative returns on two stocks. The year-to-date return on the stock market is -10.81%.

The GSE financial stock index stayed flat at 1,665.93 points.

A turnover of GHS0.73 million was recorded following the exchange of 0.13 million shares. The traded volume and value declined by 53.04% and 98.36% respectively. SIC emerged as the dominant equity, accounting for more than 70% of the trade volume and value.

PBC and PZC saw their share prices decline. No gains were recorded.

EGL, ETI & TOTAL slipped by a pesewa each whiles ALW gained 2 on GSE

The stock market was down on Monday after losses on three stocks. The GSE Composite Index closed at 1,787.94 points, down 7.79 points from 1,795.73 points. The yield on the bourse is -10.38%.

The GSE financial stock index also lost ground, shedding 10.57 points to 1,675.23 points.

EGL traded the most shares, accounting for 40.96% of the 0.15 million shares traded and 45.55% of the GHS0.32 million realized from trading. The traded value on the bourse declined by 37.61% from the previous closing whereas the turnover went up by 15.17%.

EGL, ETI and TOTAL slipped by a pesewa each to close trading at GHS2.41, GHS0.19 and GHS3.95 respectively. ALW was up by GHS0.02 to close at GHS0.13.

Courtesy- CBL

Ghana Stock Exchange Market Return History & Index Trend

For some time now I have been receiving calls and emails from friends and people, particularly MBA finance students for an access to the Ghana Stock Exchange market returns history for their various academic researches. Other analysts also request for this information but this has been missing from the website of GSE. You can get access to the full historically data of listed companies on the GSE but not that of the Composite Index or the Financial Stock Index.
The stock market has been operating since 1990 and a big thanks to Annual Reports Ghana, for capturing the year to year returns and trend of the indexes so well.  You can even get access to the time series of GSE indices upon request.

GSE Returns since inception:

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GSE RETURNS
Courtesy: www.annualreportsghana.com

	GSE Return		DATE	INDEX
1990	-29.75%	GSE ALL SHARE INDEX	28-Dec-90	70.25
1991	-8.18%		30-Dec-91	64.51
1992	-3.62%		29-Dec-92	62.17
1993	113.73%		30-Dec-93	132.88
1994	124.35%		30-Dec-94	298.10
1995	6.33%		29-Dec-95	316.97
1996	13.82%		30-Dec-96	360.76
1997	41.85%		31-Dec-97	511.74
1998	69.69%		30-Dec-98	868.35
1999	-15.22%		29-Dec-99	736.16
2000	16.55%		29-Dec-00	857.98
2001	11.42%		31-Dec-01	955.95
2002	45.96%		30-Dec-02	1,395.31
2003	154.67%		31-Dec-03	3,553.42
2004	91.33%		31-Dec-04	6,798.60
2005	-29.72%		30-Dec-05	4,778.07
2006	5.21%		29-Dec-06	5,026.80
2007	31.21%		31-Dec-07	6,595.63
2008	58.16%		31-Dec-08	10,431.64
2009	-46.58%		31-Dec-09	5,572.34
2010	32.25%		31-Dec-10	7,369.21
2011	-3.10%	GSE CI	30-Dec-11	969.03
2012	23.81%		31-Dec-12	1,199.72
2013	78.81%		31-Dec-13	2,145.20
2014	5.40%		31-Dec-14	2,261.02
2015	-11.77%		31-Dec-15	1,994.91

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GSE TREND
Courtesy: www.annualreportsghana.com

Note that, the Ghana Stock Exchange introduced the GSE COMPOSITE INDEX (a capitalisation weighted index, using VWAP of GSE-listed companies) in 2011, to replace the GSE ALL SHARE INDEX. Its base date and value is 31.12.10 and 1,000 respectively.

So now you have it. Email: info@annualreportsghana.com for more information on the Ghana Stock Exchange and Listed companies.