Tag: GSE – FSI
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Valuation of financial stocks decline significantly on local bourse
Financial sector stocks performance on the Ghana stock exchange were generally poor for the first half of 2020 when compared to their performance in the same period in 2019. Currently, 12 financial sector companies are listed on the local bourse, consisting of 10 banks and 2 insurance companies. The GSE Financial Stocks Index (GSE-FSI) which…
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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…