According to the GSE market’s report, ETI, the parent company of Ecobank Ghana returned 73 percent to investors who bought into the company from January to August last year.
ETI’s performance came as a surprise to analysts following some challenging times the bank has been going through since 2013 and first three months of this year.
ETI really stood out among its peers, as most big companies on the market have seen their value go down substantially on the market,
SG-SSB topped the chart in terms of volumes traded on the market, with 4.6 million shares, while Standard Chartered Bank accounted for about a quarter of the value of shares traded, which stood at 5.9 billion Ghana cedis for the first seven months of 2014.
In all 205 million Ghana cedis worth of shares were traded on the stock exchange from January to August this year.
The report puts the value of the Ghana Stock Exchange at 61.2 billion Ghana cedis.
African Eye News