Stock Performance Review: August and Full Year Returns

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As we move into the final quarter of the year, it’s essential to evaluate the stock market performance to guide investment decisions. Here’s a snapshot of the August returns and full-year performance of various equities in the market, highlighting the best and worst performers.

Top Performers in August

  1. Guinness Ghana Breweries Ltd.
  • Share Price: GH¢ 5.16
  • August Returns: 9.8%
  • Full Year Returns: 51.8%
  • Guinness Ghana Breweries has shown remarkable performance this August, with the highest return among the listed equities. Its full-year return underscores its strong market position.
  1. Camelot Ghana Ltd
  • Share Price: GH¢ 0.12
  • August Returns: 9.1%
  • Full Year Returns: 20.0%
  • Camelot Ghana Ltd follows closely, showcasing impressive growth this August and a solid return over the year.
  1. Benso Oil Palm Plantation Ltd
  • Share Price: GH¢ 25.00
  • August Returns: 8.7%
  • Full Year Returns: 13.6%
  • Benso Oil Palm Plantation Ltd demonstrates consistent performance with significant gains in August.

Top Performers for the Full Year

  1. Unilever Ghana Limited
  • Share Price: GH¢ 16.00
  • August Returns: 8.3%
  • Full Year Returns: 97.3%
  • Unilever Ghana Limited stands out with a remarkable 97.3% return for the year, reflecting its robust financial health and market strategy.
  1. NewGold Issuer Limited
  • Share Price: GH¢ 382.60
  • August Returns: 5.5%
  • Full Year Returns: 75.1%
  • NewGold Issuer Limited also shows strong performance, benefiting from its significant full-year returns.
  1. GCB Bank Limited
  • Share Price: GH¢ 5.91
  • August Returns: 5.5%
  • Full Year Returns: 73.8%
  • GCB Bank Limited remains a top choice with solid returns both for the month and the year.

Notable Declines

  1. MTN Ghana Ltd
  • Share Price: GH¢ 2.20
  • August Returns: -6.0%
  • Full Year Returns: 57.1%
  • Despite a challenging August, MTN Ghana Ltd maintains a strong full-year performance with a substantial 57.1% return.
  1. CAL Bank Limited
  • Share Price: GH¢ 0.31
  • August Returns: -8.8%
  • Full Year Returns: -35.4%
  • CAL Bank Limited has faced significant declines, with a notable -35.4% return for the year, indicating potential challenges.
  1. Enterprise Group Limited
  • Share Price: GH¢ 1.65
  • August Returns: 6.5%
  • Full Year Returns: -31.0%
  • Enterprise Group Limited’s full-year performance has been disappointing, with a -31.0% return, despite positive returns in August.
EquityShare Price (GH¢)August ReturnsFull Year Returns
Guinness Ghana Breweries Ltd.5.169.8%51.8%
Camelot Ghana Ltd0.129.1%20.0%
Benso Oil Palm Plantation Ltd258.7%13.6%
Unilever Ghana Limited168.3%97.3%
Enterprise Group Limited1.656.5%-31.0%
Republic Bank0.555.8%14.6%
NewGold Issuer Limited382.65.5%75.1%
GCB Bank Limited5.915.5%73.8%
Atlantic Lithium Ltd6.152.5%39.8%
Trust Bank Limited (THE GAMBIA)0.831.2%1.2%
Total Petroleum Ghana Ltd12.40.6%37.8%
AngloGold Ashanti Limited0.410.0%0.0%
Access Bank Ghana4.80.0%41.2%
Agricultural Development Bank5.060.0%0.0%
AngloGold Ashanti Limited370.0%0.0%
Aluworks LTD0.10.0%0.0%
Asante Gold Corp8.890.0%0.0%
CAL Bank Preference Shares0.290.0%0.0%
Clydestone (Ghana) Limited0.030.0%0.0%
Cocoa Processing Company0.020.0%0.0%
DASPHARMA0.380.0%-5.0%
Digicut0.090.0%0.0%
Ecobank Ghana Ltd6.10.0%10.9%
Ecobank Transnational Incorporation0.150.0%0.0%
Fan Milk Limited3.50.0%7.7%
Ghana Oil Company Limited1.50.0%0.0%
HORDS LTD0.10.0%0.0%
Intravenous Infusions (IIL)0.050.0%0.0%
Mega African Capital Limited5.380.0%0.0%
Meridian-Marshalls Holdings0.10.0%-9.1%
Produce Buying Company Ltd.0.020.0%0.0%
Samba Foods Ltd0.550.0%0.0%
Standard Chartered Bank Ghana Ltd.20.10.0%14.5%
Standard Chartered Bank Ghana Ltd – Preference Shares0.90.0%0.0%
SIC Insurance Company Limited0.250.0%4.2%
Societe Generale Ghana Limited1.550.0%-1.3%
Tullow Oil Plc11.920.0%0.0%
MTN Ghana Ltd2.2-6.0%57.1%
CAL Bank Limited0.31-8.8%-35.4%

Conclusion

The market shows a diverse range of performances with standout performers like Unilever Ghana Limited and NewGold Issuer Limited delivering exceptional returns over the year. Conversely, stocks like CAL Bank Limited and Enterprise Group Limited have experienced notable declines.

Investors should carefully analyze these trends and consider both short-term and long-term performance when making investment decisions. As always, staying informed about market shifts and company performances can help in making strategic financial choices.

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