TOTAL on GSE to pay Interim Dividend on Christmas Eve

● TOTAL has announced an Interim Dividend of GH¢ 0.0771 per share in respect of its 2013 financial year.

● The qualifying date has been scheduled for Wednesday, December 18, 2013. Also, the ex-dividend date is Monday, December 16, 2013.

● TOTAL plans to pay the interim dividend on Tuesday, 24th December, 2013 (Christmas Eve) - a good time to reward shareholders.

Stock Market Recap: Find out how TOTAL returned today to reach a record high.

The GSE recovered from Monday's loss, following price appreciation on five stocks. The GSE-Composite Index climbed a marginal 0.02 points to close trading at 1,877.69. Currently, the year-to-date return on the bourse is 56.51%. The year-to-date return on financial stocks dropped 142bps to 57.81% as three financial stocks recorded losses. The GSE-Financial Stock Index closed at 1,641.01 from 1,655.76.

A turnover of 0.73 million shares resulted in a total consideration of GHS0.85 million. The shares traded today was more than 51% of the shares traded on Monday. Nearly 33% of the volume traded was accounted for by GOIL, also capturing 39.17% of the total value traded.

TOTAL returned 12.65% today as it reached a record high of GHS31.26. UNIL and GGBL also closed at record highs of GHS14.51 and GHS4.32 respectively. PZC and BOPP also recorded gains. HFC, SCB and SIC on the other hand, saw their share prices decline.

Courtesy: GSE and CBL.

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Earnings Season on the Ghana Stock Exchange: Half Year Reports

We are in the first half Earnings Season on the Ghana Stock Exchange and in my earlier post about Benso Oil Palm Plantation (BOPP), i.e. Half Year Performance of BOPP, I looked at how BOPP performed on the exchange and for the first half. Below are the various performances for some of the companies listed on GSE.

UT Bank

UT Bank Ltd (UTB), an indigenous bank, have reported an 89.23% surge in profit after tax, from GHS 4.69m in 2011 half year results to GHS8.87m for the same period in 2012.

Fri.18.05.12: Ghana Stock Exchange (GSE) Market Update.

Friday, GSE Market Update;

CAL Brokers: 

Courtesy: CAL Brokers

In the market today, the major indices, the GSE-Composite Index and the GSE-Financial Stock Index, gained some ground following price appreciation in two equities.

The GSE-Composite Index closed at 1,046.94 points from 1,041.30 points and the financial stock benchmark closed 6.99 points higher at 910.75 points. The year-to-date return on the market rose to 8.04%. 

Ghana Stock Exchange (GSE): Market Update: 08.05.12

In today's trading on the Ghana Stock Exchange, the GSE Composite Index went up by 7.13 point to close at 1,059.64 points. A gain in the share price of Ecobank Transnational Incorporated (ETI) held off the losses in two other equities to push the Index.
Since ETI is a financial stock, the GSE Financial Stock Index also closed at 921.40 points from a previous of 910.92 points. This Index is still trading below the base index of 1000 points. As reported by CAL Brokers (CBL), the overall market return climbed to 9.35%.
The volume of shares traded increased by 57.81% amounting to a 12.93% increase in value, compared to the previous session. About 0.28 million shares valued at GHS 0.11 million were traded.
Out of the total volume traded, GOIL out-performed all other equities by trading 83.45 % of volume and this is about 77.09% of the traded value.
ETI was the only gainer and although it closed at GHS 0.14 from GHS 0.13 (1 pesewa gained), it had the capacity to move the market index up by some points despite the loses recorded by Standard Chartered Bank (SCB) [ -0.1%] and TOTAL [-0.15%] to close at GHS 51.30 and GHS 26.14 respectively.

Courtesy: Ghana Stock Exchange & CAL Brokers Ltd (CBL)

11/11/11 on the Ghana Stock Exchange.

The number 11 is perceived by many people as 'A LUCKY NUMBER'. In Astronomy, Apollo 11 was the first manned spacecraft to land on the Moon and  in religion, the Eleven apostles of Jesus (i. e. Judas excluded) were perceived to be the blessed and righteous ones. On this special day, 11th Nov., 2011, let us take a look at what happened on the Ghana Stock Exchange to see whether the fortune of the day had an effect on trading.

A volume of 130,810 shares were traded today, which was barely half of what was traded yesterday and the GSE Composite Index (CI) dropped by -0.86 points to close at 997.42. 

Meanwhile, the GSE Financial Stock Index gained 2.72 points to close at 900.31. 

GSE-CI is lower than the base index of 1000 that was valued on December 31, 2010.

Six (6) stocks recorded changes in price today. 

TOTAL traded 180 shares and lost 0.01p to close at GHC 21.00.

Tullow Oil (TLW) also traded 161 shares and lost 0.08p to close at GHC 31.00.  

Two banking stocks, Standard Chartered Bank (SCB) and Ecobank Ghana (EBG)

closed at GHC 45.50 and GHC 3.45  by losing 0.02p and 0.05p after trading 100 and

14515 shares respectively. SIC Insurance and Benso Oil Palm Plantation (BOPP)

also gained 0.01p each to close at 0.41p and 0.86p respectively.

Today's trading only favoured some financial stocks but not the Composite index.