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  • Market Movers
BOPP0.82005.13%
EBG3.13000.97%
EIC1.98000.51%
FML3.23000.31%
UNIL2.36000.43%
Tuesday, May 13th, 2008

  HIGHLIGHTS:
AFRICAN MARKETS:
 
Business News
12/05/2008
GHANA: 5 GAINERS KEEP DSI AFLOAT
Despite 3 Laggards on the bourse, gains in AYRTN, BOPP and three other stocks were enough to lift the Databank Stock Index [DSI] up by 0.28% to 10,183.23 points. This brought the year-to-date return on the index to 20.32%.

Aggregate volume and turnover were quoted at 936,518 shares and GH¢263,936.39 respectively. CFAO accounted for 52% of volumes traded while EBG made up 26% of total value....more
 
 
Knowledge Bank
12/05/2008
Africa: CONSUMER INFLATION-6/05/2008
Inflation hikes are likely to continue in most African countries within the short term; as the continuing global financial crisis has led to a further deterioration in their external outlook and a consequential sharper depreciation in their respective domestic currencies.. read...more
 
27/03/2008
MPC SUMMARY AND PERSPECTIVE
Essentially, benchmark interest rate levels for Ghana continue to under price macroeconomic risk, making real yields negative. As a result, we do expect activity in treasury and bonds markets to be very sensitive to the marginal increase in the prime rate. This should leave debt market activity unchanged within the second and the third quarters. We however expect foreign investors who may want to take advantage of interest rate differentials to continue to show interest in the domestic debt market....more
 
 
Specials
 Databank Gift Certificate

Most recpected company

Databank has won the first ever MOST RESPECTED COMPANY IN GHANA Award for 2007.   Ken Ofori- Atta, Executive Chairman of Databank Financial Services was also adjudged the 2nd MOST RESPECTED CEO in Ghana read

2nd Most recpected CEO
 
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Market Data
Epack Investment Fund
Item-
2008 Gain (%)10.03
Dec. 1996 to Date (%)9,424.87
Gain/Loss (¢)0.0015
Last Price (¢)0.9382
Tuesday, May 13th, 2008
 
Money Market Fund
Bid PriceOffer PriceAnnual Yield%
0.17140.173212.52%
Tuesday, May 13th, 2008
 
BFund
Bid PriceOffer PriceYTD%
0.10780.10897.80
Tuesday, May 13th, 2008

 
Major Trading Currencies
CurrencyCedi (¢)YTD Depreciation
EUR1.5354-7.87%
POUND1.9312-0.70%
USD0.9897-3.01%
Tuesday, May 13th, 2008
 

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