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Business News |
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| | 03/07/2008 | | GHANA: INDEX MARGINALLY UP 0.01% | |
Two stocks, Fan Milk and Standard Chartered Bank recorded price gains today on the market propelling the Databank Stock Index [DSI] up by 0.01% to 11,328.05 points. This brought the year-to-date return on the index to 33.85%.
Market volume and turnover slumped by 99% each to 45,909 shares and GH¢43,927 respectively. ETI traded 43% and 21% of aggregate volume and value respectively.
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Knowledge Bank |
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| | 03/07/2008 | | LIBERIAN FINANCIAL SECTOR & INVESTMENT REVIEW - JUNE 2008 | Revenue flowing into the government’s coffers is experiencing significant growth, primarily due to the administration’s commitment to good governance and accountability ...more | | | | 17/06/2008 | | May: Outlook Still Bleak, As Inflation Surges to 16.9% | | Risks to inflation remains high for Ghana. The fiscal and exchange rate anchor for price level stability for the economy continues to weaken and the economy is not likely to absorb the continuing threat of the global food and fuel price hikes within the short term. With further upward adjustment in domestic petroleum prices expected, as crude oil prices have further increased from US$125 per barrel in May to US$140 per barrel in June, we project inflation to further increase in June by 1.5% to 18.4%....more | | | | 27/05/2008 | | Outlook & Analysis - THE MPC REPORT | | With the current incessant adjustment in petroleum prices inflationary expectations are likely to further deteriorate in the mist of the continuing crude oil price hikes. Essentially, if the adjustment continues inflation could jump to above 20% by the end of the third quarter. As the central bank is overly focused on maintaining low inflationary expectations, interest rates are likely to be further increased above 20% if inflation deteriorates above 20% as well...more | | | | 14/05/2008 | | Fiscal Discipline Needed To Unwind Inflation Hikes In The Short-Term | | Increasing the prime rate within the short-term to curtail the hikes in inflation are desirable, but more energetic measures are needed if inflation is to revert to its 2004-mid 2007 levels. Further increases in the prime rate are needed if medium-term inflationary expectations are to be subdued. The further tightening of monetary policy is needed, but care must be taken not to stifle output growth by overly focusing on using it to fight inflation in the short-term....more | | | | |
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Specials |
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Market Data |
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| Epack Investment Fund | | | Item | - | | 2008 Gain (%) | 11.07 | | Dec. 1996 to Date (%) | 9,515.23 | | Gain/Loss (¢) | 0.0008 | | Last Price (¢) | 0.9471 | | Wednesday, July 02nd, 2008 |
| | | | Money Market Fund | | | Bid Price | Offer Price | Annual Yield% | | 0.1745 | 0.1762 | 12.79% | | Wednesday, July 02nd, 2008 |
| | | | BFund | | | Bid Price | Offer Price | YTD% | | 0.1099 | 0.1110 | 9.90 | | Wednesday, July 02nd, 2008 |
| | | | Major Trading Currencies | | | Currency | Cedi (¢) | YTD Depreciation | | EUR | 1.6105 | -12.17% | | POUND | 2.0324 | -5.64% | | USD | 1.0249 | -6.34% | | Friday, July 04th, 2008 |
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