Stock Market Review January-June 2009

Stock Market Update Most stock prices on the Ghanian bourse reached unprecedented highs last course as the GSE All parcel of land advocator ended the family at 10,431.64 points with a year to date gain of 58.06%. This among other reasons has precipitated the food markets self-correction affect this year. Furthermore, the market continued to reel under the adverse effect of the withdrawal of institutional investors, fund managers and other market makers whose break role in driving any stock market is essential. This move could be linked to the credit crunch on the world market. As such, the market yardstick, the GSE All share index remained in the negative region with All-Share Index declining by 4,797.01 points at the end of the 2nd quarter weaker at 5,423.98 points. This represents a year to date loss of 48%. The index suffered the most amidst May and June losing 15% and 28% month on month respectively. The table down the stairs shows the month end movement in the index. Period End2008 Index abide by 2009 Index Value 2009 Monthly Loss 2009 Year to Date PointsPoints (%)Loss (%) January6,599.77 10,220.99 (2%) February7,005.29 9,836.84 (4%)(6%) marching7,848.14 9,247.17 (6%)(11%) April9,349.59 8,822.91 (5%)(15%) May 9,815.22 7,495.47 (15%)(28%) June 10,346.305,423.

98(28%)(48%) Market Capitalization Total market capitalisation shrunk by 14.6% moving from GH¢17.89 billion to GH¢15.28 billion over the study period. This was expected a most of equities shed off somewhat market value during the period. CAL, ETI and GCB suffered the most as they lost 67%, 54% and 51% of the market capitalization respectively. The table below shows the change in market capitalization of all the listed equities. EQUITIES ease upEndChange EQUITIESOpenEndChange Jan(GH¢M)Jun(GH¢M)% Jan(GH¢M)Jun(GH¢M)% AADs34.2630.34-11%GSR729.82729.820% ABL29.9329.930%GWEB1.51.7517% AGA10,492.0610,596.981%HFC78.878.800% ALW25.42... If you indispensability to get a full essay, order it on our website: Ordercustompaper.com

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