Ghana Market Update - Cal Asset Management Company Ltd.

Weekly Market Update - Friday, May 2, 2025

In this week's edition:

· US Markets Rebound Last Week, Boosted by Softening of US-China Tariff Policies

· Easing US-China Trade Tensions Weaken Gold’s Safe-Haven Appeal, Leading to a -0.21% W/W Retreat

· Ghana’s Treasury Bill Auction Sees Slight Oversubscription of 8.95%, Yields Continue to Decline Across the Curve

· Ghanaian Equities Maintain Steady Growth, Positive Sentiment Drives Nine Gainers; GSE-CI Up 0.32% and Financial Stocks Index Rises 0.30%

Kindly click to view the full report: Global Market Update - April 28, 2025

In this week's edition:

Global Equities Decline Amid Heightened Trade Tensions
Ghana’s Treasury Raises GHS 1.69bn — Lowest in Two Years — Rejects 58.29% of Bids as Yields Continue to Decline
Profit-Taking Triggers the Ghanaian Equities Market Pullback; GSE-CI Slides by -1.94% w/w

Kindly click to view the full report: Global Market Update - April 7, 2025

In this week's edition:

US Equities Post w/w Gain Following Trump’s Signal to Negotiate China’s Tariffs
Gold Surges to Fresh Record High, Boosted by Safe-Haven Demand Amid Escalating US-China Trade Tensions
Ghana’s Treasury Bill Auction Records Experiences Oversubscription After Weeks of Undersubscriptions, Yields Continue to Decline
SIC Pulled Highest w/w Gain 0f 20%; GSE-CI Recovers Modestly by 0.06% w/w

Kindly click to view the full report: Global Market Update - April 14, 2025

Gold Hit a New Record High with a 2.08% w/w Gain
Ghana’s Treasury Faces Another Undersubscription (27.12%) as Yields Continue to Fall
Ghanaian Equities Market Closes Q1 2025 Strong, GSE-CI Up 27.19% YTD, GSE-FSI Up 28.50%

Kindly click to view the full report: Global Market Update - April 2, 2025

March 17^th 2025

In this week's edition:

Gold Hits a New Record High, Approaching $3,000
Ghana's Treasury Yields Drop to Lowest Levels Since Mid-April 2022
Financial Stocks on the GSE Lead Market Rally, Outperforming the Broader Market

Kindly click to view the full report: Global Market Update - March 17, 2025