Performance of Ghanaian Stocks – January 2024

Just like that, the first month of 2024 is history. I hope you have made progress on your new year resolutions. The Ghana Stock Exchange (GSE) has started the year on a positive note with stocks as a whole returning 1.35% while financial stocks have returned 0.45% as a group.

Guinness started the year strong with a 30% return while Meridian-Marshalls Holdings dropped by 9%. Let’s see how all stocks performed below.

Equity Share Price (GH¢) January Returns
Guinness Ghana Breweries Ltd. 3.4 30.6%
Unilever Ghana Limited 8.11 9.7%
NewGold Issuer Limited 218.5 9.7%
Access Bank Ghana 3.4 8.8%
Total Petroleum Ghana Ltd 9 5.6%
AngloGold Ashanti Limited 0.41 0.0%
Agricultural Development Bank 5.06 0.0%
AngloGold Ashanti Limited 37 0.0%
Aluworks LTD 0.1 0.0%
Asante Gold Corp 8.89 0.0%
CAL Bank Limited 0.48 0.0%
Clydestone (Ghana) Limited 0.03 0.0%
Camelot Ghana Ltd 0.1 0.0%
Cocoa Processing Company 0.02 0.0%
DASPHARMA 0.4 0.0%
Digicut 0.09 0.0%
Ecobank Ghana Ltd 5.5 0.0%
Enterprise Group Limited 2.39 0.0%
Ecobank Transnational Incorporation 0.15 0.0%
Fan Milk Limited 3.25 0.0%
Ghana Commercial Bank Limited 3.4 0.0%
Ghana Oil Company Limited 1.5 0.0%
HORDS LTD 0.1 0.0%
Intravenous Infusions (IIL) 0.05 0.0%
Mega African Capital Limited 5.38 0.0%
MTN Ghana Ltd 1.4 0.0%
Produce Buying Company Ltd. 0.02 0.0%
Republic Bank 0.48 0.0%
Samba Foods Ltd 0.55 0.0%
Standard Chartered Bank Ghana Ltd – Preference Shares 0.9 0.0%
SIC Insurance Company Limited 0.24 0.0%
Societe Generale Ghana Limited 1.57 0.0%
Trust Bank Limited (THE GAMBIA) 0.82 0.0%
Tullow Oil Plc 11.92 0.0%
Standard Chartered Bank Ghana Ltd. 17.55 -0.1%
Benso Oil Palm Plantation Ltd 22 -2.1%
Meridian-Marshalls Holdings 0.11 -9.1%

Leave a Reply