Best performing stocks in Ghana in April 2017

The GSE is proving frustrating as usual, with 25 of the 44 equities showing no change in price for the whole month under review. With such a small advantage for arbitrage one wonders how investors could be encouraged to trade more on the GSE.

CAL Bank’s stock is the comeback king after having a terrible first quarter performance. Below are the best performing equities on the GSE for April 2017. You can find the worst performing stocks here.

April Performance YTD
% %
UT Bank Limited 50.00% 0.00%
CAL Bank Limited 46.94% 4.35%
Benso Oil Palm Plantation Ltd 11.03% 0.00%
Trust Bank Limited (THE GAMBIA) 8.70% 0.00%
AngloGold Ashanti Limited 6.67% 0.00%
Ghana Oil Company Limited 4.80% 0.00%
Ecobank Ghana Ltd 2.60% 0.00%
Guinness Ghana Breweries Ltd. 1.33% 0.00%
Total Petroleum Ghana Ltd 0.91% 0.00%
Standard Chartered Bank Ghana Ltd. 0.78% 0.65%
Unilever Ghana Limited 0.56% 0.00%
Enterprise Group Limited 0.42% 0.00%
Fan Milk Limited 0.18% 0.00%

Jerome Kuseh

Accountant | Economist-in-Training | Finance Blogger

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