August witnessed some financial stocks like Societe Generale, Standard Chartered, GCB Bank and SIC try to offset the negative returns that has plagued that equity sector this year. This resulted in the GSE Financial Index reducing its loss for the year to 14.44%, up from -16.44% as at the end of July. Stocks as a whole are proving to be one of the few bright spots in this economic downturn, as they have returned 26.22% year-to-date. See how stocks performed in August and for the year in the table below.
Equity | Share Price (GH¢) | August Returns | Full Year Returns |
Societe Generale Ghana Limited | 1.2 | 64.38% | 20.00% |
Total Petroleum Ghana Ltd | 9 | 32.35% | 125.00% |
Standard Chartered Bank Ghana Ltd. | 16.65 | 23.33% | -17.41% |
Benso Oil Palm Plantation Ltd | 16.94 | 21.00% | 121.44% |
SIC Insurance Company Limited | 0.24 | 20.00% | -22.58% |
Unilever Ghana Limited | 6.86 | 9.94% | 76.80% |
Ghana Commercial Bank Limited | 3.5 | 6.06% | -11.17% |
Fan Milk Limited | 1.38 | 4.55% | -54.00% |
MTN Ghana Ltd | 1.48 | 3.50% | 68.18% |
AngloGold Ashanti Limited | 0.41 | 0.00% | 0.00% |
Agricultural Development Bank | 5.06 | 0.00% | 0.00% |
AngloGold Ashanti Limited | 37 | 0.00% | 0.00% |
Aluworks LTD | 0.1 | 0.00% | 0.00% |
Asante Gold Corp | 8.87 | 0.00% | 0.00% |
Clydestone (Ghana) Limited | 0.03 | 0.00% | 0.00% |
Camelot Ghana Ltd | 0.1 | 0.00% | 0.00% |
Cocoa Processing Company | 0.02 | 0.00% | 0.00% |
DASPHARMA | 0.4 | 0.00% | 0.00% |
Digicut | 0.09 | 0.00% | 0.00% |
Enterprise Group Limited | 2.41 | 0.00% | -24.69% |
Ecobank Transnational Incorporation | 0.15 | 0.00% | 0.00% |
NewGold Issuer Limited | 218.9 | 0.00% | 0.51% |
HORDS LTD | 0.1 | 0.00% | 0.00% |
Intravenous Infusions (IIL) | 0.04 | 0.00% | 0.00% |
Mega African Capital Limited | 5.38 | 0.00% | 0.00% |
Meridian-Marshalls Holdings | 0.11 | 0.00% | 0.00% |
Produce Buying Company Ltd. | 0.02 | 0.00% | 0.00% |
Pesewa One PLC | 0.68 | 0.00% | 0.00% |
Republic Bank | 0.54 | 0.00% | 0.00% |
Samba Foods Ltd | 0.55 | 0.00% | 0.00% |
Standard Chartered Bank Ghana Ltd – Preference Shares | 0.9 | 0.00% | 0.00% |
Trust Bank Limited (THE GAMBIA) | 0.82 | 0.00% | 2.50% |
Tullow Oil Plc | 11.92 | 0.00% | 0.00% |
CAL Bank Limited | 0.61 | -4.69% | -6.15% |
Ghana Oil Company Limited | 1.57 | -4.85% | -8.72% |
Guinness Ghana Breweries Ltd. | 2.52 | -10.00% | 22.93% |
Access Bank Ghana | 2.82 | -14.02% | -29.68% |
Ecobank Ghana Ltd | 3.9 | -27.78% | -41.27% |