The Domestic Debt Exchange (DDE) finally concluded in February and investors are hoping that some semblance of normalcy will return to the market from March. Stocks are down 1.47% this year with financial stocks being down 5.17%. The full impact of the DDE on the balance sheets of banks and insurance companies is yet to be determined, but we can expect that financial stocks will struggle for the rest of the year. See how stocks performed in February below.
Equity | Share Price (GH¢) | February Returns | 2023 Returns |
Unilever Ghana Limited | 2.99 | 20% | -23% |
Total Petroleum Ghana Ltd | 4.57 | 13% | 14% |
MTN Ghana Ltd | 0.92 | 12% | 5% |
Benso Oil Palm Plantation Ltd | 9.65 | 10% | 26% |
AngloGold Ashanti Limited | 0.41 | 0% | 0% |
Agricultural Development Bank | 5.06 | 0% | 0% |
AngloGold Ashanti Limited | 37 | 0% | 0% |
Aluworks LTD | 0.1 | 0% | 0% |
Asante Gold Corp | 8.87 | 0% | 0% |
Clydestone (Ghana) Limited | 0.03 | 0% | 0% |
Camelot Ghana Ltd | 0.1 | 0% | 0% |
Cocoa Processing Company | 0.02 | 0% | 0% |
DASPHARMA | 0.4 | 0% | 0% |
Digicut | 0.09 | 0% | 0% |
Enterprise Group Limited | 3.2 | 0% | 0% |
Ecobank Transnational Incorporation | 0.15 | 0% | 0% |
HORDS LTD | 0.1 | 0% | 0% |
Intravenous Infusions (IIL) | 0.04 | 0% | 0% |
Mega African Capital Limited | 5.38 | 0% | 0% |
Meridian-Marshalls Holdings | 0.11 | 0% | 0% |
Produce Buying Company Ltd. | 0.02 | 0% | 0% |
Pesewa One PLC | 0.68 | 0% | 0% |
Republic Bank | 0.54 | 0% | 0% |
Samba Foods Ltd | 0.55 | 0% | 0% |
Standard Chartered Bank Ghana Ltd. | 19.95 | 0% | -1% |
Standard Chartered Bank Ghana Ltd – Preference Shares | 0.9 | 0% | 0% |
SIC Insurance Company Limited | 0.31 | 0% | 0% |
Sam Wood Ltd. | 0.05 | 0% | 0% |
Trust Bank Limited (THE GAMBIA) | 0.8 | 0% | 0% |
Tullow Oil Plc | 11.92 | 0% | 0% |
Access Bank Ghana | 4 | 0% | 0% |
Ghana Oil Company Limited | 1.68 | -1% | -2% |
NewGold Issuer Limited | 225.5 | -7% | 4% |
CAL Bank Limited | 0.51 | -9% | -22% |
Ecobank Ghana Ltd | 5.98 | -10% | -10% |
Societe Generale Ghana Limited | 0.9 | -10% | -10% |
Fan Milk Limited | 2.07 | -17% | -31% |
Ghana Commercial Bank Limited | 3.15 | -19% | -20% |
Guinness Ghana Breweries Ltd. | 1.37 | -33% | -33% |