8/14/2019 Sept Review Week 2

http://slidepdf.com/reader/full/sept-review-week-2 1/4

 REVIEW WEEK

WEEKLY HIGHLIGHT OF THE GHANAIAN FINANCIAL MARKETFriday Sep 11, 2009 Abena Amoah+233-21-660-163AAmoah@rencap.com 

Hilary Lomotey+233-243-475-978Hilary-l@rencap.com Atsu Axame+233-242-555-344Atsu-a@rencap.com

THE EQUITIES MARKET

REVIEW WEEK REVIEW WEEK PREVIOUS WEEK CHANGE (%) INCREASE/DECREAS

FIVE (5) MOST TRADED EQUITIES

MONEY MARKET INSTRUMENTSMATURITY DISCOUNT RATE (%)  INTEREST EQUIVALENT (%) 

INSTRUMENT REVIEW WEEK PREVIOUS WEEK REVIEW WEEK PREVIOUS WEEK

91-Days 24.30↓  24.32 25.88↓  25.89

182-Days 25.21 25.21 28.85 28.85

1-Year note 21.00

EXCHANGE RATE (WEEKLY AVERAGES)

CURRENCY  REVIEW WEEK  PREVIOUS WEEK  PERCENTAGE  CHANGE AVERAGE RATES  CLOSED 11/09/09

(GH¢)  CLOSED 04/09/09(GH¢)  CHANGE

(%)  REVIEW WEEK(GH¢) 

US dollar ($)  1.4620 1.4634 (0.10%) 0.0014↓ 

Euro(£)  2.1177 2.0900 1.32% 0.0277↑ 

Pound Sterling (£)  2.4136 2.3806 1.38% 0.0329↑ 

GSE All-Share Index (Points) 6,476.74 0.41↑ 6,502.98 2.6.24↑ 

Year-To-date losses (%)  (37.91%) 0.66↓ (37.66% ) 0.25↓ 

Price Movements USD$ GH¢ GH¢GOIL 0.12 0.18 0.16 12.50↑  0.02↑ SIC 0.23 0.33 0.30 10.00↑  0.03↑ UT 0.12 0.18 0.17 5.88↑  0.01↑ FML 2.94 4.30 4.15 3.61↑  0.15↑ SG-SSB 0.40 0.59 0.58 1.72↑ 0.01↑ GGBL 0.89 1.30 1.29 0.78↑  0.01↑ EBG 2.41 3.13 3.11 0.64↑ 0.02↑ BOPP 0.34 0.58 0.50 13.79↓ 0.08↓ TRANSOL 0.07 0.10 0.11 9.09↓ 0.01↓ AADS 0.21 0.30 0.31 3.22↓ 0.01↓ 

Share Trading Activity:

Total shares Traded 1,191,000 8,862,000 86.56↓  7,671,000↓ 

Total Market Turnover 339,000 496,000 8,122,000 93.89↓  7,626,000↓ 

Market Capitalization (millions)  10,991 16,066 16,047  0.12↑  19↑ 

EQUITY TRADE VALUE(USD$) TRADE VALUE(GH¢) % OF VALUE TRADED RANKINGGCBSCBGOILEBGETITOTAL

109,00052,00040,00031,00021,000

252,000

159,00076,00058,00046,00030,000

369,000

32.09%15.37%11.75%9.18%6.03%

12345

74.42%

8/14/2019 Sept Review Week 2

http://slidepdf.com/reader/full/sept-review-week-2 2/4

 

GRAPHS AND CHARTS

SECTORAL TRADES

Banking and Finance

74%

Insurance

4%

Pharmaceuticals

1%

Agro Processing

1%

Consumer Products

6%Petroleum

12%

Breweries

2%

DAILY TRADES

$121,012

$40,947

$52,029$64,536 $60,714

-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY

   V  a   l   t  r  a

   U   S   $

One Year Performance of ALW Share Price vs 91-Day T/Bill (ending Aug 09)

-

0.05

0.10

0.15

0.20

0.250.30

0.35

0.40

0.45

AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG

   P  r   i  c  e   U   S   $

20.5

21

21.5

22

22.5

23

23.5

24

24.5

   T   /   B   i   l   l   (   %

   )

Share Price (ALW) 91-Day T/Bi ll  

8/14/2019 Sept Review Week 2

http://slidepdf.com/reader/full/sept-review-week-2 3/4

8/14/2019 Sept Review Week 2

http://slidepdf.com/reader/full/sept-review-week-2 4/4

YEAR OPEN DAY OPEN DAY CLOSE DAY CLOSE YTD CHNG MKT CAP MKT CAP

LISTED EQUITIES GH¢ GH¢ GH¢ USD$ % GH¢'MN USD$'MN P/E Ratio EPS, GH¢ P/B Ratio

AGRO PROCESSING 

Benso Oil Palm Plantation Ltd 1.00 0.52 0.50 0.34 (50) 17.40 11.90 6 0.0775 1.13 

Golden Web Ltd 0.05 0.05 0.05 0.03 - 1.75 1.20 nm -0.0054 1.36 

BANKING AND FINANCE 

Cal Bank Ltd 0.60 0.25 0.25 0.17 (58) 41.28 28.24 7 0.0344 1.00 

Ecobank Ghana Ltd 3.60 3.13 3.13 2.14 (13) 630.79 431.53 12 0.2680 4.47 

Ecobank Transnational Inc 0.45 0.21 0.21 0.14 (53) 1,834.02 1,254.68 9 0.0244 0.81 

Ghana Commercial Bank Ltd 1.10 0.79 0.79 0.54 (28) 209.35 143.22 6 0.1288 0.84 

HFC Bank (Ghana) Ltd 0.62 0.62 0.62 0.42 - 78.80 53.91 9 0.0694 2.74 

Standard Chartered Bank Ltd 38.00 29.00 29.00 19.84 (24) 510.29 349.09 8 3.4931 4.73 

SG-SSB Ltd 0.68 0.59 0.59 0.40 (13) 168.15 115.03 4 0.1536 1.52 

Trust Bank Ltd ( The Gambia) 1.33 1.33 1.33 0.91 - 79.80 54.59 89 0.0150 5.37 

UT Financial Services Ltd 0.33 0.17 0.18 0.12 (45) 37.93 25.95 8 0.0219 3.07 

BREWERIES 

Accra Brewery Co Ltd 0.12 0.12 0.12 0.08 - 29.93 20.48 nm -0.0856 2.80 

Guinness Ghana Breweries Ltd 2.00 1.30 1.30 0.89 (35) 214.07 146.45 nm 0.00002 2.83 

DIST AND TRADING 

CFAO Ghana Ltd 0.04 0.04 0.04 0.03 - 9.67 6.62 1 0.0281 1.41 

Mechanical Lloyd Co Ltd 0.21 0.20 0.20 0.14 (5) 10.02 6.85 7 0.0302 0.73 

Produce Buying Co Ltd 0.21 0.20 0.20 0.14 (5) 96.00 65.67 36 0.0055 7.66 

CONSUMER PRODUCTS 

Fan Milk Ltd 4.50 4.15 4.30 2.94 (4) 85.07 58.20 5 0.8113 2.20 

PZ Cussons Ghana Ltd 1.12 1.10 1.10 0.75 (2) 30.80 21.07 22 0.0500 1.38 

Unilever Ghana Ltd 4.00 3.42 3.42 2.34 (15) 213.75 146.23 nm -0.0467 2.57 

ICT INDUSTRY 

Clydestone (Ghana) Ltd 0.08 0.08 0.08 0.05 - 2.72 1.86 7 0.0108 8.12 

Transaction Solns (Ghana) Ltd 0.11 0.10 0.10 0.07 (9) 8.00 5.47 nm -0.0135 5.32 

INSURANCE 

Enterprise Insurance Co Ltd 3.14 2.50 2.50 1.71 (20) 63.92 43.73 20 0.1274 2.61 

SIC Insurance Co Ltd 0.50 0.32 0.33 0.23 (34) 64.56 44.17 9 0.0360 0.65 

MANUFACTURING 

Aluworks Ltd 0.61 0.50 0.50 0.34 (18) 20.84 14.26 nm -0.0177 2.93 

Cocoa Processing Co Ltd 0.05 0.05 0.05 0.03 - 55.04 37.65 nm -0.0054 0.68 

Pioneer Kitchenware Ltd 0.07 0.07 0.07 0.05 - 2.33 1.60 nm -0.0067 1.83 

Super Paper Products Co Ltd 0.10 0.10 0.10 0.07 - 3.24 2.22 nm -0.0345 0.56 

MINING 

AngloGold Ashanti Ltd 30.00 30.00 30.00 20.52 - 10,598.13 7,250.30 nm -1.0460 3.11 

AngloGold Ashanti Depository 0.35 0.30 0.30 0.21 (13) 29.37 20.09 

Golden Star Resources Ltd 3.10 3.10 3.10 2.12 - 729.82 499.28 nm -0.4988 1.18 

PETROLEUM 

Total Petroleum Ghana Ltd 7.60 7.50 7.50 5.13 (1) 104.88 71.75 8 0.8966 6.32 

Ghana Oil Co Ltd 0.32 0.17 0.18 0.12 (44) 37.83 25.88 6 0.0286 1.19 

PHARMACEUTICALS 

Ayrton Drug Manufg Ltd 0.16 0.15 0.15 0.10 (6) 32.25 22.06 13 0.0114 3.55 

Starwin Products Ltd 0.05 0.05 0.05 0.03 - 3.70 2.53 nm 0.0006 1.83 

PRINTING AND PUBLISHING 

Camelot Ghana Ltd 0.16 0.16 0.16 0.11 - 1.05 0.72 8 0.0188 3.32 

Sam Woode Ltd 0.03 0.03 0.03 0.02 - 0.65 0.45 nm -0.0102 2.04 

PREFERENCE SHARES 

Stanchart Preference Shares 0.52 0.52 0.52 0.36 - 9.09 6.22 

TOTAL 16,066 10,991 

nm - not meaningful

EPS is based on annualized quarter earnings

KEY RATIOS

This report is confidential for the information of the addressee only and may not be duplicated in whole or in part, circulated or disclosed without the prior consent of NWR. I

is compiled from sources we believe to be reliable but we do not hold ourselves responsible for its completeness or accuracy. Neither this report nor any opinion expressed

constitutes an offer for or solicitation for an offer to sell or acquire any securities mentioned. NWR accepts no liability for any loss that may arise from the use of the contents o

this publication or from any acts or omissions based on its contents. All opinions and estimates included herein constitute our opinion as of this date and are subject to change

We or persons involved in the preparation and issuance of this material may from time to t ime buy or sell securities of companies mentioned therein.

LICENSED DEALING MEMBER OF THE GHANA STOCK EXCHANGE