Ghana Stock Exchange recorded a 3rd straight win as new year-highs ended mid-week trading

Let us see what happened on the Ghanaian stock market so far in this week. Having gone three successive sessions without a positive return, the Ghana Stock Exchange-Composite Index picked up 7.74 points, to close trading at 1,042.37 points. The change brought the year-to-date return to 7.74% as at Monday. Gains in Ecobank Transnational Inc,(ETI) and UT Bank (UTB) ended a five-day losing streak as the GSE-Financial Index climbed 10.76 points clear of Friday's closing at 872.12 points.
A total of 0.20 million shares

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