The broad market (GSE-CI) and financial stocks (GSE-FI) are both down by more than 16% this year. With an assortment of fixed income products delivering 14-20% returns risk free, the banking crisis and reduced interest in investing due to investment scandals, it is no surprise that the stock market has been terrible this year.
See the performance of equities below.
| Equity | October Performance | 2019 Performance |
| MTN Ghana Ltd | 1.45% | -11.39% |
| AngloGold Ashanti Limited | 0.00% | -2.44% |
| Agricultural Development Bank | 0.00% | -14.96% |
| AngloGold Ashanti Limited | 0.00% | 0.00% |
| Aluworks LTD | 0.00% | 25.00% |
| Ayton Drugs Manufacturing Company Ltd | 0.00% | 14.29% |
| Benso Oil Palm Plantation Ltd | 0.00% | -41.85% |
| Clydestone (Ghana) Limited | 0.00% | 0.00% |
| Camelot Ghana Ltd | 0.00% | -10.00% |
| Cocoa Processing Company | 0.00% | 0.00% |
| Digicut | 0.00% | 0.00% |
| NewGold Issuer Limited | 0.00% | 0.00% |
| Golden Star Resources Ltd. | 0.00% | 0.00% |
| HORDS LTD | 0.00% | 0.00% |
| Intravenous Infusions (IIL) | 0.00% | -37.50% |
| Mega African Capital Limited | 0.00% | 0.00% |
| Mechanical Lloyd Company Ltd | 0.00% | -10.00% |
| Meridian-Marshalls Holdings | 0.00% | 0.00% |
| Produce Buying Company Ltd. | 0.00% | -25.00% |
| PZ Cussons Ghana Ltd | 0.00% | -4.88% |
| Republic Bank | 0.00% | -20.29% |
| Samba Foods Ltd | 0.00% | -15.38% |
| Standard Chartered Bank Ghana Ltd – Preference Shares | 0.00% | -14.00% |
| Starwin Products Limited | 0.00% | 50.00% |
| Sam Wood Ltd. | 0.00% | 0.00% |
| Trust Bank Limited (THE GAMBIA) | 0.00% | 73.91% |
| Tullow Oil Plc | 0.00% | 0.00% |
| Unilever Ghana Limited | 0.00% | -6.07% |
| Ecobank Ghana Ltd | -0.75% | 5.33% |
| Ghana Commercial Bank Limited | -1.22% | 5.65% |
| Total Petroleum Ghana Ltd | -2.42% | -17.06% |
| Guinness Ghana Breweries Ltd. | -2.78% | -19.72% |
| Access Bank Ghana | -4.71% | -31.55% |
| Societe Generale Ghana Limited | -4.84% | -21.33% |
| Enterprise Group Limited | -7.89% | -21.88% |
| SIC Insurance Company Limited | -9.09% | -47.37% |
| CAL Bank Limited | -10.11% | -18.37% |
| Standard Chartered Bank Ghana Ltd. | -10.50% | -28.57% |
| Fan Milk Limited | -11.00% | -43.38% |
| Ecobank Transnational Incorporation | -11.11% | -50.00% |
| Ghana Oil Company Limited | -15.00% | -45.51% |
Update: below is a nice chart of this data by Albert Appiah.
