ghana se market report - 2013 - full year

7/25/2019 Ghana SE Market Report - 2013 - Full Year

http://slidepdf.com/reader/full/ghana-se-market-report-2013-full-year 1/12

Market Report

December

2013



GSE STOCK INDICES/CAPITALIZATION DECEMBER 2013 YTD CHANGE DECEMBER 2012 YTD CHANGE

GSE COMPOSITE INDEX (GSE-CI) 2,145.20 78.81% 1,199.72 23.81%

GSE FINANCIAL STOCK INDEX (GSE-FSI) 1,786.60 71.81% 1039.86 20.48%

MARKET CAPITALIZATION (GH¢ M) 61,158.29 6.80% 57,264.22 20.94%

DOMESTIC CAPITALIZATION (GH¢ M) 11,694.93 76.68% 6,753.14 25.22%

MARKET TURNOVER - EQUITIES DECEMBER 2013 DECEMBER 2012

VOLUME TRADED 21,059,583 12,275,006

VALUE TRADED (GH¢) 49,088,962.17 10,574,273.92

NUMBER OF TRANSACTIONS 1,804 1,379

TRADING DAYS 19 19

NUMBER OF TRADED SYMBOLS 28 32

MARKET TURNOVER - EQUITIES JAN TO DEC 2013 JAN TO DEC 2012

VOLUME TRADED 313,024,312 218,134,338

VALUE TRADED (GH¢) 456,140,671.57 102,195,575.10

NUMBER OF TRANSACTIONS 34,152 24,289

TRADING DAYS 248 248

MARKET DAILY AVERAGES - EQUITIES DECEMBER 2013 DECEMBER 2012

AVERAGE VOLUME TRADED 1,108,399 646,053

AVERAGE VALUE TRADED (GH¢) 2,583,630 556,541

AVERAGE NUMBER OF TRANSACTIONS 95 73

LISTINGS DECEMBER 2013 DECEMBER 2012

LISTED COMPANIES 34 34

LISTED EQUITIES

ORDINARY SHARES 34 34

DEPOSITORY SHARES 1 1

PREFERENCE SHARES 1 1

EXCHANGE TRADED FUNDS 1 1

NUMBER OF LISTED BONDS CORPORATE 0 0

2 YEAR GOG 88 79

3 YEAR GOG 9 10

5 YEAR GOG 3 3

7 YEAR GOG 1 0

EURO BOND (US$) 1 0

DELISTINGS-EQUITIES DEC 2013, DEC 2012) 0 0

BONDS DECEMBER 2013 DECEMBER 2012

VALUE OF LISTED BONDS

CORPORATE 0 0

GOG BONDS (GH¢ M) 9,260.16 5,939.13

EURO BOND (US$ B) 1.00 0.00

VALUE OF BONDS TRADED (GH¢ M) 63.24 0.00

VALUE OF BONDS TRADED (GH¢ M) - JUL - DEC 819.07 0

SELECTED ECONOMIC INDICATORS DECEMBER 2013 DECEMBER 2012

INFLATION RATE YEAR-ON-YEAR (%) ***13.20 8.80

INTEREST RATE (%)

91-DAY T-BILL 19.22 23.12 1 YEAR NOTE 17.00 22.90

2 YEAR NOTE 16.80 23.00 3 YEAR NOTE - -

5 YEAR NOTE - -

EXCHANGE RATE

US$ 1 to 1 GHANA CEDIS 2.16 1.88

UK£ 1 to 1 GHANA CEDIS 3.57 3.01

1 Euro to 1 GHANA CEDIS 2.99 2.43

*** Inflation Rate is as at November 2013

MARKET HIGHLIGHTS

GSE Market Report - December 2013



Period High Date Low Date End of Period Index % Change

Nov - Dec 1990 77.65 12-Nov 70.08 Dec-21 70.08 0.00

1991 69.77 4-Jan 55.49 May-17 64.51 -7.95

1992 72.90 6-Oct 60.15 Jun-23 62.17 -3.63

1993 132.88 30-Dec 63.29 Jan-05 132.88 113.74

1994 334.02 17-May 132.91 Jan-04 298.10 124.34

1995 322.11 25-Oct 296.32 Mar-22 316.97 6.33

1996 385.80 13-Sep 307.42 Jan-12 360.76 13.82

1997 524.21 8-Dec 346.66 Jan-31 511.74 41.851998 1,201.08 6-May 511.66 Jan-07 868.35 69.69

1999 903.17 5-Feb 735.39 Dec-22 736.16 -15.22

2000 873.35 22-Sep 737.16 Jan-03 857.98 16.55

2001 1,025.78 1-Aug 856.00 Feb-07 955.95 11.42

2002 1,395.31 30-Dec 955.95 Jan-02 1,395.31 45.96

2003 3,553.42 31-Dec 1,395.36 Jan-02 3,553.42 154.67

2004 7,469.04 25-Aug 3,558.96 Jan-02 6,798.59 91.33

2005 6,901.36 28-Jan 4,751.17 Dec-22 4,769.02 -29.85

2006 5,006.02 29-Dec 4,692.84 Jan-31 5,006.02 4.97

2007 6,599.77 31-Dec 5,001.15 Jan-11 6,599.77 31.84

2008 10,931.36 3-Oct 6,595.92 Jan-02 10,431.64 58.06

2009 10,431.64 2-Jan 5,098.92 Aug-17 5,572.34 -46.58

2010 7,185.05 1-Jun 5,463.83 Jan-14 6,886.31 32.25

2011 1,189.77 18-May 940.04 Dec-16 969.03 -3.10

2012 1,199.72 31-Dec 968.08 Jan-05 1,199.72 23.81

Jan - Dec 2013 2,341.60 2-Dec 1,198.29 Jan-03 2,145.20 78.81

PeriodVolume Traded

(000)

Value Traded

(GH ¢ m)

Market Cap. -

Equities (GH ¢ m.)

Government

Bonds (GH ¢ m.)

Corporate Bonds

(US$ m.)

Nov - Dec 1990 222.00 0.01 3.05 0.50 0.00

1991 1,825.80 0.01 2.96 0.50 0.00

1992 2,044.40 0.02 4.38 0.50 0.00

1993 37,945.47 0.32 9.65 0.50 0.00

1994 93,037.63 7.31 196.84 0.50 0.00

1995 55,838.60 2.71 239.90 - 0.00

1996 35,749.99 2.79 286.27 - 2.551997 125,629.14 9.34 255.28 - 4.80

1998 91,446.52 13.40 324.56 - 6.80

1999 49,568.22 6.96 320.54 - 9.50

2000 30,717.09 5.06 365.50 - 11.01

2001 55,295.87 9.23 390.40 100.37 10.20

2002 44,124.20 8.94 618.38 132.69 10.98

2003 96,330.00 38.93 1,261.68 144.24 8.98

2004 104,349.30 65.59 9,761.48 51.63 6.28

2005 81,400.00 46.44 9,185.73 22.50 8.78

2006 98,286.00 47.60 11,249.60 326.15 2.50

2007 287,221.70 140.71 12,368.60 1,333.07 6.40

2008 531,660.00 365.51 17,895.12 1,237.46 6.40

2009 96,767.39 74.19 15,941.92 1,039.14 3.902010 330,616.75 151.29 20,116.70 2,576.87 3.90

2011 419,791.08 446.56 47,347.23 3,987.44 3.90

2012 218,134.34 102.20 57,264.22 5,939.25 0.00

Jan - Dec 2013 313,024.31 456.14 61,158.29 9,260.16 0.00

Total: Dec. 1990 to

Dec 20133,201,026 2,001.24

INDEX SUMMARY NOV-DEC 1990 - DECEMBER 2013

MARKET ACTIVITIES - NOV-DEC 1990 - DECEMBER 2013




Top 10 Volume Leaders Top 10 Value Leaders

Symbol Traded Volume % of Total Volume Symbol Traded Value (GH¢) % of Total Value

HFC 8,274,160 39.29 TOTAL 20,661,130.00 42.09

TOTAL 4,086,635 19.41 HFC 6,215,701.00 12.66

SPL 2,455,646 11.66 GGBL 5,840,657.00 11.90

CAL 1,898,557 9.02 UNIL 4,596,435.00 9.36

GGBL 920,665 4.37 FML 4,256,194.00 8.67

UTB 811,050 3.85 GCB 3,070,230.00 6.25

FML 644,634 3.06 CAL 1,859,195.00 3.79

GCB 630,153 2.99 SCB 825,397.10 1.68

UNIL 251,155 1.19 EBG 445,419.80 0.91ETI 240,745 1.14 UTB 360,652.00 0.73

Top 10 Volume Leaders Top 10 Value Leaders

Symbol Traded Volume % of Total Volume Symbol Traded Value (GH¢) % of Total Value

HFC 117,659,419 37.59 HFC 71,343,679.27 15.64

CAL 45,739,551 14.61 EBG 65,129,460.30 14.28

ETI 20,780,811 6.64 FML 63,640,972.72 13.95

EBG 14,658,999 4.68 UNIL 60,350,382.89 13.23

EGL 14,210,037 4.54 GCB 56,389,940.34 12.36

UTB 13,974,994 4.46 CAL 35,408,009.86 7.76

GCB 11,946,366 3.82 TOTAL 25,185,174.77 5.52

SIC 11,265,527 3.60 GGBL 19,852,430.65 4.35FML 11,126,987 3.55 EGL 14,076,888.76 3.09

MLC 10,138,234 3.24 SCB 12,893,890.27 2.83

Month 2013 2012 Month 2013 2012

January 53,093.86 47,215.37 January 1,270.72 974.53

February 54,977.25 51,210.44 February 1,482.26 1,016.47

March 57,740.56 50,688.37 March 1,733.47 1,046.88

April 57,505.97 51,628.65 April 1,800.66 1,056.10

May 55,948.29 54,849.47 May 1,884.26 1,022.95

June 55,924.82 55,097.22 June 1,880.26 1,045.48

July 55,778.54 54,958.10 July 1,936.29 1,027.78

August 56,235.85 55,923.70 August 1,989.55 1,025.90

September 56,430.09 56,342.34 September 2,030.96 1,047.72

October 58,085.16 56,646.02 October 2,099.88 1,116.27

November 58,189.70 56,731.19 November 2,123.75 1,133.47

December 61,158.29 57,264.22 December 2,145.20 1,199.72

Month 2013 2012 Month 2013 2012

January 18,518,954 7,626,461 January 9,793,543.52 3,839,163.41

February 25,577,370 13,311,021 February 31,784,662.06 7,668,771.86

March 24,025,601 16,253,862 March 29,954,004.86 6,786,423.10

April 16,942,034 12,366,077 April 40,905,787.38 5,968,730.74

May 20,227,483 12,151,921 May 32,250,423.60 6,721,320.32

June 82,645,882 10,905,360 June 61,371,772.94 8,050,320.13

July 21,219,668 12,932,680 July 24,448,472.99 7,523,127.51

August 11,812,042 31,207,545 August 21,681,592.18 11,081,277.32

September 38,785,794 34,641,865 September 49,589,740.28 8,916,980.96

October 24,720,274 33,571,715 October 86,168,346.83 14,968,470.70

November 7,489,627 20,890,825 November 19,103,362.80 10,096,715.13

December 21,059,583 12,275,006 December 49,088,962.17 10,574,273.92

Total 313,024,312 218,134,338 Total 456,140,671.57 102,195,575.10

MARKET ACTIVITIES - DECEMBER 2013

Volume Traded - End of Months - 2012 and 2013 Value Traded - End of Months - 2012 and 2013 (GH¢)

MARKET ACTIVITIES - JANUARY TO DECEMBER 2013

Market Capitalization - End of Months for 2012 and

2013 (GH¢ M)GSE Composite Index - January to December 2013




Sector Volume Traded Value Traded (GH ¢) No. of Trades

FINANCE 12,020,139 12,843,174.68 903

DISTRIBUTION 4,324,936 20,802,924.70 348

FOOD AND BEVERAGE 1,636,399 10,098,192.90 153

ICT 0 0.00 0

INSURANCE 296,910 332,231.33 180

MANUFACTURING 2,750,324 4,690,697.41 149

MINING 7,216 245,859.96 32

AGRICULTURE 23,659 75,881.19 38

EXCHANGE TRADED FUNDS(ETF) 0 0.00 0

TOTALS 21,059,583 49,088,962.17 1,804

FINANCE TOTAL VOLUME TOTAL VALUE (GH ¢) TRANSACTIONS

CAL 1,898,557 1,859,195.07 155

EBG 79,525 445,419.84 140

ETI 240,745 43,589.70 102

GCB 630,153 3,070,229.63 233

HFC 8,274,160 6,215,701.05 34

SCB 55,253 825,397.13 120

SCBPREF 138 71.76 2

SOGEGH 30,558 22,918.50 71

TBL 0 0.00 0

UTB 811,050 360,652.00 46

TOTALS 12,020,139 12,843,174.68 903

DISTRIBUTION TOTAL VOLUME TOTAL VALUE (GH ¢) TRANSACTIONS

GOIL 123,547 111,327.69 85

MLC 52,192 19,830.96 13PBC 62,562 10,636.16 29

TOTAL 4,086,635 20,661,129.89 221

TOTALS 4,324,936 20,802,924.70 348

FOOD AND BEVERAGE TOTAL VOLUME TOTAL VALUE (GH ¢) TRANSACTIONS

CPC 71,100 1,342.00 11

FML 644,634 4,256,194.40 112

GGBL 920,665 5,840,656.50 30

TOTALS 1,636,399 10,098,192.90 153

ICT TOTAL VOLUME TOTAL VALUE TRANSACTIONS

CLYD 0 0.00 0

TRANSOL 0 0.00 0

TOTALS 0 0.00 0

INSURANCE TOTAL VOLUME TOTAL VALUE (GH ¢) TRANSACTIONS

EGL 144,624 272,810.56 94SIC 152,286 59,420.77 86

TOTALS 296,910 332,231.33 180

MANUFACTURING TOTAL VOLUME TOTAL VALUE (GH ¢) TRANSACTIONS

ACI 3800 228.00 2

ALW 1,880 97.00 12

AYRTN 15,800 2,796.00 6

CMLT 50 8.00 3

PZC 21,993 17,454.10 29

SPL 2,455,646 73679.38 21

UNIL 251,155 4,596,434.93 76

PKL 0 0 0

GWEB 0 0 0

SWL 0 0 0

TOTALS 2,750,324 4,690,697.41 149

MINING TOTAL VOLUME TOTAL VALUE (GH ¢) TRANSACTIONS

TLW 7,203 245,853.20 31

AGA 0 0.00 0

GSR 0 0.00 0

AADS 13 6.76 1

TOTALS 7,216 245,859.96 32

AGRICULTURE TOTAL VOLUME TOTAL VALUE (GH ¢) TRANSACTIONS

BOPP 23,659 75,881.19 38

Exchange Traded Funds(ETF) TOTAL VOLUME TOTAL VALUE (GH ¢) TRANSACTIONS

GLD 0 0.00 0

SECTORIAL DISTRIBUTION OF TRADES - DECEMBER 2013

BREAKDOWN OF SECTORIAL DISTRIBUTION OF TRADES - DECEMBER 2013




Sector Volume Traded Value Traded (GH ¢) No. of Trades

FINANCE 230,870,369 255,411,637.43 19,430

DISTRIBUTION 24,997,171 32,833,388.14 4,890

FOOD AND BEVERAGE 16,642,490 83,531,619.47 2,836

ICT 128,200 4,728.00 36

INSURANCE 25,475,564 18,087,878.80 3,396

MANUFACTURING 13,836,248 61,252,256.87 1,760

MINING 86,173 2,048,900.69 910

AGRICULTURE 981,614 2,776,868.08 879

EXCHANGE TRADED FUNDS(ETF) 6,483 193,378.46 14

TOTALS 313,024,312 456,140,671.57 34,152

FINANCE TOTAL VOLUME TOTAL VALUE TRANSACTIONS

CAL 45,739,551 35,408,010 3,826

EBG 14,658,999 65,129,460 2,193

ETI 20,780,811 3,701,180 2,933

GCB 11,946,366 56,389,940 4,708

HFC 117,659,419 71,343,680 534

SCB 885,933 12,893,890 2,571

SCBPREF 36,264 18,857 25

SOGEGH 5,138,812 4,118,496 1,365

TBL 49,220 17,476 36

UTB 13,974,994 6,390,647 1,239

TOTALS 230,870,369 255,411,637 19,430

DISTRIBUTION TOTAL VOLUME TOTAL VALUE TRANSACTIONS

GOIL 4,105,689 4,265,461 1,779

MLC 10,138,234 1,870,617 351 PBC 6,328,985 1,512,136 745

TOTAL 4,424,263 25,185,175 2,015

TOTALS 24,997,171 32,833,388 4,890

FOOD AND BEVERAGE TOTAL VOLUME TOTAL VALUE TRANSACTIONS

CPC 1,927,175 38,216 419

FML 11,126,987 63,640,973 1,824

GGBL 3,588,328 19,852,431 593

TOTALS 16,642,490 83,531,619 2,836

ICT TOTAL VOLUME TOTAL VALUE TRANSACTIONS

CLYD 41,200 1,648 8

TRANSOL 87,000 3,080 28

TOTALS 128,200 4,728 36

INSURANCE TOTAL VOLUME TOTAL VALUE TRANSACTIONS EGL 14,210,037 14,076,889 1,690

SIC 11,265,527 4,010,990 1,706

TOTALS 25,475,564 18,087,879 3,396

MANUFACTURING TOTAL VOLUME TOTAL VALUE TRANSACTIONS

ACI 3,900,642 235,098 129

ALW 902,156 100,124 111

AYRTN 271,359 47,320 67

CMLT 362,467 128,470 319

PZC 2,055,245 309,482 286

SPL 3,837,372 16,926,803 529

UNIL 2,471,806 43,504,032 303

PKL 951 57 3

GWEB 1,250 80 4

SWL 33,000 792 9

TOTALS 13,836,248 61,252,257 1,760

MINING TOTAL VOLUME TOTAL VALUE TRANSACTIONS

TLW 63,040 2,036,292 842

AGA 1,037 539 3

GSR 260 715 5

AADS 21,836 11,355 60

TOTALS 86,173 2,048,901 910

AGRICULTURE TOTAL VOLUME TOTAL VALUE TRANSACTIONS

BOPP 981,614 2,776,868 879

Exchange Traded Funds(ETF) TOTAL VOLUME TOTAL VALUE TRANSACTIONS

GLD 6,483 193,378 14

SECTORIAL DISTRIBUTION OF TRADES - JANUARY TO DECEMBER 2013

BREAKDOWN OF SECTORIAL DISTRIBUTION OF TRADES -JANUARY TO DECEMBER 2013




0.00

10.00

20.00

30.00

40.00

50.00

60.00

70.00

J a

n u a r y

F e b r u a r y

M a r c h

A p r i l

M a y

J u n e

J u l y

A

u g u s t

S e p t e m b e r

O c t o b e r

N o v e m b e r

D e c e m b e r

M a r k e t C a p i t a l i z a t i o n ( G H ¢ B i l l i o n )

Months

Market Capitalization - End of Months for 2012 and 2013

2013

2012

0.00

0.50

1.00

1.50

2.00

2.50

J a

n u a r y

F e b r u a r y

M a r c h

A p r i l

M a y

J u n e

J u l y

A

u g u s t

S e p t e m b e r

O c t o b e r

N o v e m b e r

D e c e m b e r

I n d e x V a l u e s ( G H ¢ B i l l i o n )

Months

GSE Composite Index - 2012 and 2013

2013

2012




-

10

20

30

40

50

60

70

80

90

J a n u a r y

F e b r u a r y

M a r c h

A p r i l

M a y

J u n e

J u l y

A u g u s t

S

e p t e m b e r

O c t o b e r

N o v e m b e r

D e c e m b e r

V o l u m e T r a d e d ( M i l l i o n )

Months

Volume Traded - End of Months - 2012 and 2013

2013

2012

0.00

10.00

20.00

30.00

40.00

50.00

60.00

70.00

80.00

90.00

100.00

J a n u a r y

F e b r u a r y

M a r c h

A p r i l

M a y

J u n e

J u l y

A u g u s t

S e

p t e m b e r

O c t o b e r

N o v e m b e r

D

e c e m b e r

V a l u e T r a d e d ( G H ¢ M i l l i o n )

Months

Value Traded - End of Months - 2012 and 2013 Month 2012 2013

2013

2012




Sector Issued Shares (mil.) Market Capt. GH ¢ million

FINANCE 18,489.06 9,040.08 DISTRIBUTION 894.19 891.20 FOOD AND BEVERAGE 2,365.62 2,120.35 ICT 114.00 3.76 INSURANCE 323.48 316.63 MANUFACTURING 889.48 1,335.73 MINING 1,564.71 47,328.37 AGRICULTURE 34.80 111.71

EXCHANGE TRADED FUNDS(ETF) 0.40 10.45 TOTALS 24,675.74 61,158.29

FINANCE Closing Price - VWAP (GH¢) Issued Shares (mil.) Market Capt. GH ¢ millionCAL 0.97 548.26 531.81EBG 5.61 293.23 1645.01ETI 0.19 15963.02 3032.97GCB 4.85 265 1285.25HFC 0.96 296.36 284.51SCB 14.94 115.51 1725.68SCB PREF 0.0671 17.48 9.09SOGEGH 0.75 333.89 250.42TBL 0.35 200 70UTB 0.45 456.31 205.34TOTALS 18,489.06 9,040.08

DISTRIBUTION Closing Price - VWAP (GH¢) Issued Shares (mil.) Market Capt. GH ¢ millionGOIL 0.89 252.22 224.48

MLC 0.38 50.1 19.04PBC 0.17 480 81.6TOTAL 5.06 111.87 566.08TOTALS 894.19 891.20

FOOD AND BEVERAGE Closing Price - VWAP (GH¢) Issued Shares (mil.) Market Capt. GH ¢ millionCPC 0.02 2038.07 40.76FML 6.62 116.21 769.29GGBL 6.2 211.34 1310.3TOTALS 2,365.62 2,120.35

ICT Clos ng Pr ce - VWAP (GH¢) Issued Shares (m l.) Market Capt. GH ¢ m ll onCLYD 0.04 34 1.36TRANSOL 0.03 80 2.4TOTALS 114.00 3.76

INSURANCE Clos ng Pr ce - VWAP (GH¢) Issued Shares (m l.) Market Capt. GH ¢ m ll onEGL 1.88 127.83 240.33SIC 0.39 195.65 76.3TOTALS 323.48 316.63

MANUFACTURING Closing Price - VWAP (GH¢) Issued Shares (mil.) Market Capt. GH ¢ millionACI 0.06 36.5 2.19ALW 0.05 236.69 11.83AYRTN 0.17 215 36.55PZC 0.79 168 132.72SPL 0.04 74.08 2.96UNIL 18.31 62.5 1144.38PKL 0.06 33.34 2GWEB 0.04 35 1.4CMLT 0.16 6.54 1.05SWL 0.03 21.83 0.65TOTALS 889.48 1,335.73

MINING Closing Price - VWAP (GH¢) Issued Shares (mil.) Market Capt. GH ¢ millionTLW 34.98 906.96 31725.6AGA 37 401.34 14,849.45GSR 2.75 255.43 702.42AADs 0.52 0.98 50.9TOTALS 1,564.71 47,328.37

AGRICULTURE Closing Price - VWAP (GH¢) Issued Shares (mil.) Market Capt. GH ¢ millionBOPP 3.21 34.8 111.71

Exchange Traded Funds(ETF) Closing Price - VWAP (GH¢) Issued Shares (mil.) Market Capt. GH ¢ millionGLD 26.13 0.4 10.45

BREAKDOWN OF MARKET CAPITALIZATION PER SECTOR - DECEMBER 2013

MARKET CAPITALIZATION PER SECTOR - DECEMBER 2013




Company Issued Shares

(mil.)

Market Capt. GH

¢ million as at

December 2013

Shares Prices

GH¢; End Dec

2012

Shares Prices

GH¢; End

December

2013

% Change in

Share Price

Div.

Yield %

EPS

GH ¢

P/E Ratio

Equities

ACI 36.50 2.19 0.07 0.06 -14.29 -0.0535 n.m.

AGA 401.34 14,849.45 37.00 37.00 0.00 -0.3320 n.m.

AADs 0.98 50.90 0.52 0.52 0.00ALW 236.69 11.83 0.05 0.05 0.00 0.00 -0.0118 n.m.

AYRTN 215.00 36.55 0.18 0.17 -5.56 0.00 0.0088 20

BOPP 34.80 111.71 1.40 3.21 129.29 2.41 0.1789 18

CAL 548.26 531.81 0.38 0.97 155.26 3.57 0.1577 6

CLYD 34.00 1.36 0.04 0.04 0.00 0.00 0.0049 8

CMLT 6.54 1.05 0.14 0.16 14.29 0.00 0.0180 9

CPC 2,038.07 40.76 0.02 0.02 0.00 0.00 -0.0017 n.m.

EBG 293.23 1,645.01 3.00 5.61 87.00 5.18 0.5844 10

EGL 127.83 240.33 0.48 1.88 291.67 0.00 0.4038 5

ETI 15,963.02 3,032.97 0.12 0.19 58.33 0.00 0.0410 4

FML 116.21 769.29 3.55 6.62 86.48 0.00 0.2099 31

GCB 265.00 1,285.25 2.10 4.85 130.95 2.94 0.6704 7

GGBL 211.34 1,310.30 2.62 6.20 136.64 0.00 0.0010

GOIL 252.22 224.48 0.62 0.89 43.55 1.61 0.0582 16

GSR 255.43 702.42 2.75 2.75 0.00 0.00 -0.9381 n.m.

GWEB 35.00 1.40 0.04 0.04 0.00 0.00 -0.0245 n.m.

HFC 296.36 284.51 0.45 0.96 113.33 0.00 0.1129 9

MLC 50.10 19.04 0.15 0.38 153.33 0.00 0.0360 11

PBC 480.00 81.60 0.18 0.17 -5.56 5.18 0.0298 6

PKL 33.34 2.00 0.06 0.06 0.00 0.00 -0.0101 n.m.

PZC 168.00 132.72 0.18 0.79 338.89 2.83 -0.0067 n.m.

SCB 115.51 1,725.68 11.50 14.94 29.91 3.14 1.6694 9

SIC 195.65 76.30 0.34 0.39 14.71 0.00 0.0231 17

SOGEGH 333.89 250.42 0.34 0.75 120.59 5.33 0.1034 7

SPL 74.08 2.96 0.05 0.04 -20.00 0.00 0.0053 8

SWL 21.83 0.65 0.02 0.03 50.00 0.00 0.0025 12

TBL 200.00 70.00 0.40 0.35 -12.50 0.00 0.0381 9TLW 906.96 31,725.60 38.05 34.98 -8.07 0.00 1.3148 24

TOTAL 111.87 566.08 2.94 5.06 72.33 13.72 0.3605 14

TRANSOL 80.00 2.40 0.04 0.03 -25.00 0.00 0.0019 16

UNIL 62.50 1,144.38 8.52 18.31 114.91 1.40 0.3892 47

UTB 456.31 205.34 0.38 0.45 18.42 4.55 0.0465 9

Subtotal 61,138.74

Preference Shares

SCB PREF 17.48 9.09 0.52 0.52 0.00

Exchange Traded

Funds(ETF)

GLD 0.40 10.45 32.18 26.13 -18.80

Total 61,158.28

MARKET STATUS - CAPITALISATION, PRICE CHANGES, P/E RATIOS




Company Description Offer periodIssue Price

GH¢

No. of Shares

Offered

(million)

No. of Shares Sold

(millions)

Amount Raised

(GH¢ million)

Super Paper Products Co. Ltd. IPO Dec.1991 - Feb. 1992 0.02 8.00 4.20 0.06

Mechanical Llyod Co. Ltd. IPO Dec. 1993 - Feb. 1994 0.01 11.00 9.36 0.05

Ashanti Goldfields Co. Ltd. IPO March - April, 1994 1.87 2.80 3.20 5.98

Ashanti Goldfields Co. Ltd. IPO May-June, 1994 1.87 1.20 0.15 0.28

HFC Bank Ltd. Placement January 1995 0.01 11.35 13.10 0.13

Pioneer Aluminium Factory Ltd. IPO May - July 1995 0.01 6.40 6.40 0.08

SSB Bank Limited IPO Sept. - Oct., 1995 0.08 21.36 15.03 1.20

Accra Brewery Ltd. Rights Issue June - August, 1992 0.01 12.00 12.00 0.14 Aluworks Ltd. Placement Sept. - Nov., 1996 0.14 5.00 2.45 0.33

UTC Estates Ghana Ltd. OFS Oct. 1994 - March 1995 0.01 24.00 24.00 0.24

PZ Cussons Ghana Ltd. Rights Issue Sept. - Oct. 1995 0.04 24.00 24.00 0.96

Ghana Commercial Bank IPO Feb. - March, 1996 0.05 49.50 68.44 3.42

Guinness Ghana Ltd Rights Issue May - June, 1996 0.02 23.50 23.50 0.49

Mechanical Lloyd Co. Ltd. Rights Issue Oct. - Nov., 1997 0.01 13.36 13.36 0.20

HFC Bank Ltd. Rights Issue Oct. - Nov., 1998 0.06 9.50 9.50 0.57

Accra Brewery Ltd. Rights Issue November, 1998 0.05 19.89 19.89 0.99

Metalloplastica Ghana Ltd. Rights Issue Jan.18 - Feb 19, 1999 0.02 12.00 12.00 0.22

Camelot Ghana Ltd. IPO August 9 - 20, 1999 0.04 1.75 1.75 0.07

Produce Buying Company Ltd. IPO Dec. 1999 - March 2000 0.05 384.00 142.37 5.92

Accra Brewery Ltd. Rights Issue 0.06 23.86 33.26 2.01

Sam Woode Limited IPO March 1 - April 5, 2002 0.03 8.00 0.20

Trust Bank Ltd. (The Gambia) Introduction 0.41 30.00 - 12.30

Cocoa Processing Co. Ltd. IPO Sept - Nov. 2002 0.06 215.37 215.37 13.46 CFAO Ghana Ltd. Rights Issue Jan. - Feb. 2003 0.01 168.00 168.00 1.01

Ghana Breweries Ltd. Rights Issue 4 - 27 June 2003 0.05 230.34 230.34 10.60

Accra Brewery Ltd. Rights Issue Jan 26 - Feb 16, 2004 0.05 83.15 83.15 4.16

Clydestone Ghana Ltd. IPO March 19 - April 16, 2004 0.05 10.60 16.64 0.83

Benso Oil Palm Plantation Ltd. IPO June 16 - July 23, 2004 0.50 13.92 13.92 6.96

Mechanical Lloyd Co. Ltd. Rights Issue June 17 - July 16, 2004 0.25 10.02 10.02 2.50

Cal Bank Ltd IPO Sept 2 - Oct 1, 2004 0.20 27.00 31.50 6.30

Starwin Products Ltd. (SPL) IPO Oct 29 - Nov 26, 2004 0.05 30.00 74.08 3.70

Golden Web Limited (GWEB) IPO June 7 - Aug 8, 2005 0.06 17.00 9.97 0.55

EcoBank Ghana Ltd (EBG) IPO May 15-June 2, 2006 1.10 8.28 8.28 9.11

EcoBank Transnational Inc. (ETI) Introduction 2.24 611.00 1,368.64

Ayrtn Drug Manufacturing Ltd IPO June 7 -July 7, 2006 0.09 43.20 43.20 3.67

Transaction Solutions Ltd IPO Oct 31 - Nov 30, 2006 0.10 20.00 22.66 2.27

Ghana Commercial Bank Rights Issue May 15 - June 15, 2007 0.60 128.68 100.00 0.01

Ghana Oil company Ltd IPO Sept 4 - Oct 5, 2007 0.20 102.78 102.78 20.56

SIC Insurance Company Ltd IPO Dec 3 - Dec 21, 2007 0.30 97.82 117.39 35.22

Golden Star Resources Ltd IPO Dec 5, 2007 - Jan 18, 2008 3.00 3.17 1.88 5.64

UT Bank Ltd IPO Sept. 22 - Oct. 17, 2008 0.30 90.29 91.93 27.58

Cal Bank Ltd Rights Issue Sept 28 - Oct 23, 2009 0.20 150.00 69.55 13.91

Ecobank Ghana Ltd. Rights Issue Oct 2 - Oct 20 2009 2.78 28.60 28.60 79.50

SSB Bank Limited Rights Issue Oct 19 - Nov 06, 2009 0.40 57.50 48.89 19.56

Standard Chartered Bank Gh. Ltd. Rights Issue Nov 10 - Dec 1 2009 29.00 1.66 1.66 48.00

Aluworks Limited Rights Issue Mar 15 - Apr 16 2010 0.40 75.00 50.37 20.15

Tullow Oil Plc IPO Jun 13 - Jul 4, 2011 31.00 4.00 3.53 109.48

Guinness Ghana Breweries Ltd. Rights Issue Oct 17 to Nov 14th 2011 1.50 46.67 46.67 70.00

Cal Bank Ltd Placement April, 2012 0.25 300.00 300.00 75.00

UT Bank Ltd Placement October 1, 2012 0.03 166.67 154.27 46.28

Standard Chartered Bank Gh. Ltd. Bonus Shares November 1, 2012 N/A 96.26 N/A N/A

HFC Bank Ltd. Placement November 1, 2012 0.41*** 121.95 112.42 50.00

NewGold ETF Secondary Listing August 2012 - 0.40 -

Aluworks Ltd. Rights Issue Feb 25 to Mar 22, 2013 0.05 600.00 144.64 7.23

Total Petroleum Ghana Ltd. Bonus Shares August 1, 2013 N/A 97.89** N/A N/A

Ghana Oil company Ltd Bonus Shares December 9, 2013 N/A 42.04** N/A N/

2,097.72

*** The Issue Price is an Average Price

** Additional Bonus Shares Issued

PRIMARY ISSUES AND CORPORATE ACTIONSA. Equities




Title of Bond Issuer Offer Period Securities Offered Denomination Maturity Amount raised

GSE Commemorative Registered

Stock, 1995Government of Ghana Oct. - Nov., 1990 GH¢0.5 million GH¢10.00

5yrs matured on

November 11, 1995GH¢0.5 million

HFC Series A 7% Coupon Bond due

in 2001 (HFC-A 7s01)HFC Bank Ltd. Sept. - Oct., 1996

US$2m as Series A of a

US$35 million aggregate

offering

US$1005 yrs, to mature on 1st

November 2001US $2.55m

HFC Series B 7% Coupon Bond due

in 2002 (HFC-B7s02)HFC Bank Ltd. Sept. - Oct., 1997

US$2m as Series B of a


offering



HFC Series C 8.25% Coupon Bonddue in 2003 (HFC-C8.25s03)

HFC Bank Ltd. November, 1998

US$2m as Series C of a


offering

US$100 5 yrs, to mature on 1stNovember 2003

US $2.00m

HFC Series D 8.25% Coupon Bond

due in 2004 (HFC-D8.25s04)HFC Bank Ltd. July 29 - Aug. 19, 1999

US$2m as Series D of a


offering


September 2004US $2.70m

HFC Series E 8% Coupon Bond due

in 2005 (HFC-E8s05)HFC Bank Ltd. October 23 - 30, 2000

US$1.5m as Series E of a


offering



HFC Series F 6% Coupon Bond due

in 2006 (HFC-F6s06)HFC Bank Ltd.

July 16 - August 13,

2001

£1.2m as Series F of a


offering

£1005 yrs, to mature on

13th August 2006£1.20m

HFC Series G 8% Coupon Bond due

in 2006 (HFC-G6s06)HFC Bank Ltd.

Dec 15, 2001 - Jan. 1,

2002

US$3m as Series G of a


offering

US$1005 yrs, to mature on

November, 2006US $3.03m

HFC Series H 5% Coupon Bond duein 2009 (HFC-G6s09)

HFC Bank Ltd. Oct 27- Dec 2, 2004

US$3m as Series H of a


offering

US$100 5 yrs, to mature onDecember 2009

US $2.5m

HFC Series J 5% Coupon Bond due

in 2012 (HFC-G6s12)HFC Bank Ltd. Feb 5- Feb 28, 2007

US$5m as Series J of a


offering

US$1005 yrs, to mature on

March 7, 2012US $3.9m

SCB Medium Term Note 01Standard Chartered

Bank LtdDec 01 2008

GH¢ 35 million Medium

Term Notes

5yrs, to mature

December 2008GH¢35 million

Euro Bond Government of Ghana US$ August 7, 2023 US $ 1b

SUMMARY OF BOND TRADES - JULY TO DECEMBER 2013

Month/End-Date

July/31-2013 90.082

August/30-2013 133.707

September/30-2013 175.95

October/31-2013 173.5

November/29-2013 182.59

December/31-2013 63.24

Total 819.069

PRIMARY ISSUESB. Bonds

Value of Government Bonds Traded

GH¢ million

GSE M k t R t D b 2013

ghana se market report - 2013 - full year

Documents