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
- 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.
- 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.
- 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
- 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.
- 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.
- 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
- 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.
- 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.
- 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.
Equity | Share Price (GH¢) | August Returns | Full Year Returns |
Guinness Ghana Breweries Ltd. | 5.16 | 9.8% | 51.8% |
Camelot Ghana Ltd | 0.12 | 9.1% | 20.0% |
Benso Oil Palm Plantation Ltd | 25 | 8.7% | 13.6% |
Unilever Ghana Limited | 16 | 8.3% | 97.3% |
Enterprise Group Limited | 1.65 | 6.5% | -31.0% |
Republic Bank | 0.55 | 5.8% | 14.6% |
NewGold Issuer Limited | 382.6 | 5.5% | 75.1% |
GCB Bank Limited | 5.91 | 5.5% | 73.8% |
Atlantic Lithium Ltd | 6.15 | 2.5% | 39.8% |
Trust Bank Limited (THE GAMBIA) | 0.83 | 1.2% | 1.2% |
Total Petroleum Ghana Ltd | 12.4 | 0.6% | 37.8% |
AngloGold Ashanti Limited | 0.41 | 0.0% | 0.0% |
Access Bank Ghana | 4.8 | 0.0% | 41.2% |
Agricultural Development Bank | 5.06 | 0.0% | 0.0% |
AngloGold Ashanti Limited | 37 | 0.0% | 0.0% |
Aluworks LTD | 0.1 | 0.0% | 0.0% |
Asante Gold Corp | 8.89 | 0.0% | 0.0% |
CAL Bank Preference Shares | 0.29 | 0.0% | 0.0% |
Clydestone (Ghana) Limited | 0.03 | 0.0% | 0.0% |
Cocoa Processing Company | 0.02 | 0.0% | 0.0% |
DASPHARMA | 0.38 | 0.0% | -5.0% |
Digicut | 0.09 | 0.0% | 0.0% |
Ecobank Ghana Ltd | 6.1 | 0.0% | 10.9% |
Ecobank Transnational Incorporation | 0.15 | 0.0% | 0.0% |
Fan Milk Limited | 3.5 | 0.0% | 7.7% |
Ghana Oil Company Limited | 1.5 | 0.0% | 0.0% |
HORDS LTD | 0.1 | 0.0% | 0.0% |
Intravenous Infusions (IIL) | 0.05 | 0.0% | 0.0% |
Mega African Capital Limited | 5.38 | 0.0% | 0.0% |
Meridian-Marshalls Holdings | 0.1 | 0.0% | -9.1% |
Produce Buying Company Ltd. | 0.02 | 0.0% | 0.0% |
Samba Foods Ltd | 0.55 | 0.0% | 0.0% |
Standard Chartered Bank Ghana Ltd. | 20.1 | 0.0% | 14.5% |
Standard Chartered Bank Ghana Ltd – Preference Shares | 0.9 | 0.0% | 0.0% |
SIC Insurance Company Limited | 0.25 | 0.0% | 4.2% |
Societe Generale Ghana Limited | 1.55 | 0.0% | -1.3% |
Tullow Oil Plc | 11.92 | 0.0% | 0.0% |
MTN Ghana Ltd | 2.2 | -6.0% | 57.1% |
CAL Bank Limited | 0.31 | -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.