GSE to record 20% return in 2024 – Report
It therefore expects banking stocks to fare better in 2024 as the financial sector continues recuperating from the aftermath of the domestic debt exchange programme.
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It therefore expects banking stocks to fare better in 2024 as the financial sector continues recuperating from the aftermath of the domestic debt exchange programme.
But for the about 15% depreciation of the cedi to the dollar, the Accra Bourse will have been classified among the top-performing stock markets in Africa in 2023.
It recorded 0.22% in the nine months of 2023 for investors.
The Ghana cedi lost grounds against the three major trading currencies on the international currency market.
IGS FSL Investment Update WE 11-12-20 15th Dec 2020 | Source: igsghana.com Weekly Highlights • Yields on short-dated treasury securities witnessed mixed adjustment. • Accra Bourse steeped up recovery to reduce year-to-date losses. • Ghana cedi outmuscled the British pound and Euro. • US equity market hit by stimulus talk deadlock. • Brent crude oil nearly hit the $50.00 mark, as demand picks-up. Macroeconomic Update Inflation dropped to 9.8 percent in November Consumer price inflation settled at 9.8 percent in November 2020. This represents a fourth consecutive...