Review of Q1 2020 and Outlook for Q2 2020

  • As the COVID-19 pandemic keeps ravaging economies around the globe, the Government lines up some relieve and stimulus programmes to ease the impact of the virus on the Ghanaian economy, including the USD 100 million(GHS 572 million equivalent) COVID-19 Preparedness and Response Plan to fight the pandemic and the Coronavirus Alleviation Programme (CAP) (estimated size of GHS 1.25 billion/USD 219 million) and COVID-19 National Trust Fund to help revive the economy.

 

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Investment Climate Brief 20th - 24th Apr '20

  • The local bourse failed to record any weekly gainers for the second time running
  • The GSE-FSI recorded its highest drop in the year, as it declined by 51.88 points

 

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Investment Climate Brief 9th - 13th Mar'20

  • The GSE-CI lost its recent upsurge owing to losses in four stocks as it posted a year-to-date return of -3.06%.
  • Government offers improved yields in the latest run of issuances

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Investment Climate Brief 2nd - 5th Mar'20

  • The GSE-CI continued its positive momentum for the third consecutive week registering only one advancing stock in the week.
  • TLW recorded its first price movement in over a year, closing the week as one of the ten losing stocks 

 

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Investment Climate Brief 24th - 28th Feb'20

  • There were marginal gains on the two major indices, GSE-CI and GSE-FSI, with the former posting a weekly return of 0.04% to close the week with year-to-date (YTD) return of -2.33%, while the latter closed with a weekly return of 0.08% and YTD return of -0.26%. 
  • Spreads on secondary market trades remained unchanged at 70 bps, as quotes were around 20.55% -19.85%.

 

 

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