Tag: Alex Boahen
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Stock market doing well over uptick in participation of local investors – Analyst
Head of Research at Databank, Alex Boahen has attributed the increase in performance in trading activities on the local bourse to the impressive uptick in participation of local investors in the market. Despite ending the first quarter of 2022 with a loss of 1.67 percent compared the 13.9 per cent recorded at end of 2021…
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Delisting on GSE: Companies urged to strengthen corporate governance systems
The increasing number of companies delisting from the Ghana Stock Exchange (GSE) has been attributed to the failure of the companies to deliver dividends as well as share price appreciation. That’s according to the head of Research at Databank, Alex Boahen. Since 2017, about 8 companies have had their listing on the Ghana Stock Exchange…
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Financial stocks likely to bounce back post-COVID and 2020 polls
The poor performance of financial stocks on the Ghana Stock Exchange for this year has been generally attributed to a combination of poor public sentiments, the fallouts from the banking sector reforms as well as the impact of COVID-19. This was made known by the Head of Research at Databank, Alex Boahen. The GSE Financial…