Monday, March 3, 2025

In this week's edition:

• Gold Recorded Biggest Weekly Drop Since November at 2.66%. 
• Ghana’s Treasury Saw Massive Yields Decline Across All Tenors with 181.05% Subscription Rate. 
• Financial Stock Index Outperforms with 18.21% YTD Return vs. 15.78% for Broader Market. 

Kindly click to view the full report: Global Market Update - March 3, 2025

Monday, February 17, 2025

In this week's edition:

• U.S. Stocks Ended Last Week Higher Amid Policy Shifts and Tariff Developments.
• Ghana's Treasury Receives Record GHS 17.70 billion in Bids Amid Significant Yield Decline.
• Ghana Stock Exchange Posts 2.08% Weekly Gain, YTD Return Reaches 9.47%.

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

Monday, February 10, 2025

In this week's edition:

•         Gold repeatedly set new records last week, amid increased global uncertainties.
•         Ghana’s Treasury rejected GHS2.9 billion at last week’s auction.
•         The Ghanaian Composite Index rose by 3.01% w/w, marking its highest rally in 12 weeks.

Kindly click to view the full report: Global Market Update - February 10, 2025

• On the back of gains in MTNGH (1.67%) and EGH (1.00%), the two major indices on the GSE trended upwards last week.
• Against a target of GHS 1,012.00m which the Government sought to raise from 91 and 182-Day Bills, a total of GHS 1,179.40m was raised from these issuances. Also, a total of GHS 371.72m was raised from the rollover of a maturing 2-Year Bond, falling short of a target of GHS 1,200.00m.

ECONOMIC SCOOP

The Institute for Energy Security (IES) predicts between 3% - 5% increase in fuel prices

• The IES projects this increase to come into effect this week in the first pricing window of the month.
• This rise in prices is projected on the back of a likely extension of the period of production cuts by OPEC+ which could last up to the first quarter of 2021.
• At the end of November 2020, the price of Brent crude oil was up to around $48, the highest level since March this year.

Read full read here