BUSINESS NEWS | GHANA AND BEYOND ๐ŸŒ 21/04/2021



๐ŸšฉGlobal credit rating firm, Moody’s Investor Services, has rated the country’s sovereign bond issuance at B3 negative again against hope of a stable outlook, sending a worrying signal to prospective investors should the managers of the economy decide to go to the international market to look for money to finance the budget. The negative outlook will be a huge disappointment to managers of the economy, given the oversubscription of the country’s US$3 billion bond a few weeks ago – a move government said indicates high investor confidence in the economy. Moody’s stated in its report the negative outlook reflects the rising risks that the pandemic poses to Ghana’s funding and debt service, as the economy is particularly exposed to such shocks because of its high reliance on external financing, both in local and foreign currency, and very weak debt affordability. Four main factors determine Moody’s determination of a sovereign government’s bond rating. These are: economic strength, institutions and governance strength, fiscal strength and susceptibility to event risk. Matching these to Ghana’s credit profile, the rating agency said there is elevated debt burden and weak debt affordability, track record of revenue underperformance relative to targets, and elevated exposure to international capital flow reversal, all of which have been worsened by the coronavirus pandemic – contributing to maintaining the same rating of the country’s credit profile after it was downgraded from B3 stable a year ago.


๐ŸšฉThe Ghana Revenue Authority (GRA) has set the implementation date for the new tax measures announced in the 2021 budget, signed by President Nana Addo Dankwa Akufo-Addo and subsequently gazetted on March 31, 2021. The current financial and tax laws will make these levies automatically take off after it is passed by parliament and secures the president’s signature and gazetted. The GRA has hinted at plans to announce the exact date these taxes will be charged for effective computation. In a notice issued by the GRA, “it will go ahead with implementing two out of the various taxes that were passed from May 1, 2021.”


๐ŸšฉThe Ghana Investment Promotion Centre (GIPC), in partnership with United Nations’ Development Programme’s (UNDP) Sustainable Development Goal (SDG) Impact, and Global Investor for Sustainable Development (GISD) Alliance, has launched the SDG Investment Platform in the country. The platform will serve as an additional tool in the provision of market intelligence on investment opportunities in Ghana and within the region. At a gradual-launching ceremony, which officially sets in motion, the UNDP’s enterprising initiative to accelerate SDG-aligned investments in the country and beyond, Chief Executive Officer of the Centre, Yofi Grant remarked that the Investment Platform aligns with the Centre’s objective of identifying and promoting investment opportunities in the country.


๐ŸšฉThe Absa Group Board and the Group Chief Executive, Daniel Mminele have come to an agreement pursuant to which he has stepped down as a director and Group Chief Executive and will be leaving the group with effect from 30 April 2021.

The parties have not managed to achieve alignment in relation to the group’s strategy and the cultural transformation journey. Mr Mminele joined the Group as Group CEO on January 15, 2020, and led the Group through the Covid-19 crisis and its response thereto. Last year, Absa delivered a comprehensive customer and client relief package, and provided support and relief to public health authorities and communities respectively across all its African markets, while delivering a resilient and respectable financial performance under difficult conditions.


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✴✴INTERBANK FOREX RATES ๐Ÿ’ด๐Ÿ’ฐ 

US$GH¢ Buy 5.7285 Sell 5.7343

GB£GH¢ Buy 7.9884 Sell 7.9970

CHFGH¢ Buy 6.2645 Sell 6.2707

AUD$GH¢ Buy 4.4344 Sell 4.4399

CAD$GH¢ Buy 4.5568 Sell 4.5611

JP¥GH¢ Buy 0.0530 Sell 0.0530

NZDGH¢ Buy 4.1180 Sell 4.1233

ZARGH¢ Buy 0.4033 Sell 0.4017

EU€GH¢ Buy 6.9015 Sell 6.9083

CHN¥GH¢ Buy 0.8813 Sell 0.8821

GH¢CFA Buy 94.9520 Sell 95.0456

GH¢NG₦ Buy 71.1345 Sell 71.3979

    

CRYPTOCURRENCY MARKET      

Bitcoin $56,170.03 ๐Ÿ”ผ2.51%

Ethereum $2,327.82 ๐Ÿ”ผ10.89%

Binance Coin $592.15 ๐Ÿ”ผ21.48%

Ripple $1.43 ๐Ÿ”ผ14.86%

Cardano $35.14 ๐Ÿ”ผ6.12%

Dogecoin $0.3178 ๐Ÿ”ป17.53%

Polkadot $44.27 ๐Ÿ”ผ9.96%

Uniswap $32.52 ๐Ÿ”ผ8.28%

Litecoin $265.30 ๐Ÿ”ผ7.55%

Chainlink $38.35 ๐Ÿ”ผ10.13%

Stellar $0.5277 ๐Ÿ”ผ8.88%

Bitcoin Cash $976.88 ๐Ÿ”ผ13.34%

Vechain $0.2477 ๐Ÿ”ผ12.86%

TRON $0.1344 ๐Ÿ”ผ10.10%

THETA $12.06 ๐Ÿ”ผ16.84%

Filecoin $156.85 ๐Ÿ”ผ5.16%


๐Ÿ’ตBloomberg USDGHS Cross Rate - *5.7745* (YTD - ๐Ÿ”ฝ-1.57%)


๐Ÿ”ผGSE DAILY GAINERS➖%CHANGE➖PRICE 

CAL ➡Gh¢0.73 ๐Ÿ”ผ+2.82%

MTNGH ➡Gh¢0.95 ๐Ÿ”ผ+1.06%


๐Ÿ”ปGSE DAILY LOSERS➖%CHANGE➖PRICE

UNIL ➡Gh¢4.43 ๐Ÿ”ป-9.96%


〽Inflation rate in Ghana  ➡  10.30% (➖0.00%)


๐ŸฆGhana Reference Rate ➡ 14.34% (๐Ÿ”ฝ-2.91%)


✳Policy Rate in Ghana ➡ 14.50% (➖0.00%)


¶ TREASURY RATES๐Ÿ’ธ 

14 - Day Discount Rate 14.4196% Interest Rate 14.5000%

56 - Day Discount Rate 14.1836% Interest Rate 14.5000%

91 - Day Discount Rate 12.3983% Interest Rate 12.7949%

182 - Day Discount Rate 12.6769% Interest Rate 13.5348%

364 - Day Discount Rate 14.1230% Interest Rate 16.4456%

1 Year Fixed Note Interest Rate 16.5672%

2 Year Fixed Note Interest Rate 17.6000%

3 Year Bond Interest Rate 17.7000%

5 Year Bond Interest Rate 18.3000%

6 Year Bond Interest Rate 19.2500%

7 Year Bond Interest Rate 20.5000%

10 Year Bond Interest Rate 19.8000%

20 Year Fixed Rate Bond 20.2000%


๐Ÿ‚GHANA GOV'T EUROBOND RATES ๐Ÿฆ

7 Year Bond Coupon Rate 7.7500%

12 Year Bond Coupon Rate 8.6250%

20 Year Bond Coupon Rate 8.8750%


๐Ÿ›ขAverage Petrol & Diesel Price Per Litre - Gh¢5.45 (๐Ÿ”บ️+4.74%)


๐Ÿง MARKET INDEXES 

*Dow Jones Index๐Ÿš‚⛽ 33,821.30 -256.33

-0.75%

*S&P 500 ๐Ÿฆ 4,134.94 -28.32

-0.68%

*Nasdaq Index๐Ÿ“ฒ๐Ÿ’ป  13,786.27 -128.50

-0.92%

* NYSE Composite Index 15,944.61 -162.95

-1.01%

*London FTSE 6,859.87 -140.21

-2.00%

*Germany DAX 15,129.51 -238.88

-1.55%

*Japan NIKKEI 225 29,100.38 -584.99

-1.97%

*Tokyo TOPIX Index 1,926.25 -30.31

-1.55%

*Hong Kong HANG SENG  287.06 -5.62

-1.92%

*Shanghai Shenzhen 300 7,017.77 -47.87

-0.68%

*S&P/ASX 200 Index 5,083.37 -3.65

-0.07%

*Bloomsberg EU 500 287.06 -5.62

-1.92%

*France CAC All-Tradable 4,768.53 -96.55

-1.98%

*Dubai DFM General Index 2,624.27 -8.31

-0.32%

*MOEX Russia Index 3,552.41 -21.67

-0.61%

*FTSE/JSE South Africa Top40 61,116.77 -1,209.08

-1.94%

*Nairobi SE 20 Share 1,873.93 -5.13

-0.27%

*Nigeria SE Main-Board 39,015.58 +160.85

+0.41%

*BBG EMEA World Index 153.72 -2.23

-1.43%

*GSE Composite Index 2,321.52 10.02 0.43%

*GSE Financial Index 1,845.34 +2.18 +0.12%


๐Ÿ”ผGSE 2021 GAINERS ➖ PRICE ➖ YTD%

MTNGH ➡Gh¢0.95 ๐Ÿ”ผ+48.44%

SOGEGH ➡Gh¢0.75 ๐Ÿ”ผ+17.19%

TOTAL ➡Gh¢3.20 ๐Ÿ”ผ+13.07%

SCB ➡Gh¢18.16 ๐Ÿ”ผ+11.34%

GCB ➡Gh¢4.50 ๐Ÿ”ผ+11.11%


๐Ÿ”ปGSE 2021 LOSERS ➖ PRICE ➖ YTD%

UNIL ➡Gh¢4.43 ๐Ÿ”ป-46.56%

ETI ➡Gh¢0.07 ๐Ÿ”ป-12.50%

ALW ➡Gh¢0.10 ๐Ÿ”ป-9.09%

EGH ➡Gh¢7.00 ๐Ÿ”ป-2.78%

ACCESS ➡Gh¢4.30 ๐Ÿ”ป-2.05%


GSE INDEXES ⏸ 2021 YTD RETURNS% 

*GSE Composite Index 2,321.52 ๐Ÿ”ผ+19.57%

*GSE Financial Index 1,845.34 ๐Ÿ”ผ+3.51%


๐Ÿ’งMUTUAL FUNDS IN GHANA♣

๐Ÿ“ˆEQUITY FUNDS ➰YTD%

Databank EPAcK ๐Ÿ”ผ+4.24%

Republic Equity Trust ๐Ÿ”ผ+3.68%


⚖BALANCED FUNDS ⏸ YTD%

Databank Bfund ๐Ÿ”ผ+5.64%

Fidelity Balanced Trust ๐Ÿ”ผ+7.43%

EDC Balanced ๐Ÿ”ผ+7.97%

CDH Balanced Fund ๐Ÿ”ผ+4.10%

CM Fund ๐Ÿ”ผ+4.24%

Republic Future Plan Trust ๐Ÿ”ผ+3.54%

Databank EdiFund T 2 ๐Ÿ”ผ+5.65%

Dalex Vision Fund ๐Ÿ”ผ+5.45%


⚙FIXED INCOME FUNDS ๐Ÿ›กYTD%

EDC Fixed Income ๐Ÿ”ผ+4.67%

Fidelity Fixed Income Trust ๐Ÿ”ผ+5.31%

NIMED Fixed Income Tier 1 ๐Ÿ”ผ+4.11%

NIMED Fixed Income Tier 2 ๐Ÿ”ผ+4.66%

STANLIB Income ๐Ÿ”ผ+4.88%

Databank Mfund ๐Ÿ”ผ+4.97%


MONEY MARKET FUNDS ⏱YTD%

Databank EdiFund T1 ๐Ÿ”ผ+5.41%

EDC Money Market Fund ๐Ÿ”ผ+4.11%

STANLIB Cash ๐Ÿ”ผ+4.07%

Republic Unit Trust ๐Ÿ”ผ+4.38%


✴ COMMODITIES MARKET 

*Brent Crude $/barrel⛽ $66.57 -0.48

-0.72%

*Natural Gas ๐Ÿญ $/million BTUS $2.72 -0.01

-0.29%

*Gold ๐Ÿ‘‘ $/troy ounce $1,778.70 +0.30

+0.02%

*Silver ๐Ÿ’ $/troy ounce $25.88 +0.04

+0.15%

*Corn ๐ŸŒฝ $/bushel $592.00 +11.50

+1.98%

*Cocoa ๐Ÿซ $/metric ton $2,419.00 -73.00

-2.93%

*Coffee ☕ $/pound  $134.45 +2.55

+1.93%

*Sugar๐ŸŽ‚ $/pound $16.72 +0.51

+3.15%

*Lumber $/1000 board feet $1,278.70 -48.00

-3.62%

Rubber  USd/kg $165.50 +2.60

+1.60%


Sources: Bank of Ghana, Bloomberg, GSE, Reuters, Citifm, Myjoyonline, Ghanaweb, Doobia, BBC, Graphic Business, B&FT, StarFmonline, Ghana News Agency.


Compiled By:

Prince Henry Danquah

Bora Capital Advisors Ltd.

+233(0)50-002-3155


❗PLEASE SHARE BUSINESS NEWS | GHANA AND BEYOND ๐ŸŒ /04/2021


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๐Ÿšฉ


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๐Ÿšฉ


๐Ÿšฉ


๐Ÿšฉ


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Secure your Tomorrow with *MY OWN PENSION* on your MTN Mobile Money and make contributions that you can rely upon tomorrow. Watch the MoP webinar on the *Invest in Gh YouTube channel*.


To Register for MoP, Simply dial **170#*,  select *Option 5* (Financial Services) and select *Option 4* (Pensions and Investments), select *Option 1* (My Own Pension), select *Option 1* (Enrol) and follow the prompts to Begin


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Do you want to know more about Investing in Stocks, Mutual Funds, Cryptocurrencies? Or do you want to learn about the Real Estate Market in Ghana? Perhaps you want to know how to achieve Financial Independence? Invest in Gh has webinars to educate you on all these topics and more... 

Visit the YouTube Channel at  https://youtube.com/InvestinGh to learn more...


➖➖➖➖➖➖➖➖➖


✴✴INTERBANK FOREX RATES ๐Ÿ’ด๐Ÿ’ฐ 

US$GH¢ Buy 5.7285 Sell 5.7343

GB£GH¢ Buy 7.9884 Sell 7.9970

CHFGH¢ Buy 6.2645 Sell 6.2707

AUD$GH¢ Buy 4.4344 Sell 4.4399

CAD$GH¢ Buy 4.5568 Sell 4.5611

JP¥GH¢ Buy 0.0530 Sell 0.0530

NZDGH¢ Buy 4.1180 Sell 4.1233

ZARGH¢ Buy 0.4033 Sell 0.4017

EU€GH¢ Buy 6.9015 Sell 6.9083

CHN¥GH¢ Buy 0.8813 Sell 0.8821

GH¢CFA Buy 94.9520 Sell 95.0456

GH¢NG₦ Buy 71.1345 Sell 71.3979

    

CRYPTOCURRENCY MARKET      

Bitcoin $64,346.91 ๐Ÿ”ผ6.28%

Ethereum $2,370.70 ๐Ÿ”ผ9.37%

Binance Coin $578.52 ๐Ÿ”ผ1.37%

Ripple $1.92 ๐Ÿ”ผ31.39%

Cardano $1.52 ๐Ÿ”ผ15.87%

Polkadot $44.27 ๐Ÿ”ผ9.96%

Uniswap $36.25 ๐Ÿ”ผ13.40%

THETA $12.66 ๐Ÿ”ผ5.98%

Litecoin $281.80 ๐Ÿ”ผ12.05%

Chainlink $37.29 ๐Ÿ”ผ13.40%

Stellar $0.6808 ๐Ÿ”ผ16.12%

Bitcoin Cash $822.79 ๐Ÿ”ผ21.89%

Dogecoin $0.1127 ๐Ÿ”ผ52.60%

TRON $0.1542 ๐Ÿ”ผ15.89%

Filecoin $165.00 ๐Ÿ”ผ0.68%


๐Ÿ’ตBloomberg USDGHS Cross Rate - *5.7770* (YTD - ๐Ÿ”ฝ-1.53%)


๐Ÿ”ผGSE DAILY GAINERS➖%CHANGE➖PRICE 

CAL ➡Gh¢0.73 ๐Ÿ”ผ+2.82%

MTNGH ➡Gh¢0.95 ๐Ÿ”ผ+1.06%


๐Ÿ”ปGSE DAILY LOSERS➖%CHANGE➖PRICE

UNIL ➡Gh¢4.43 ๐Ÿ”ป-9.96%


〽Inflation rate in Ghana  ➡  10.30% (➖0.00%)


๐ŸฆGhana Reference Rate ➡ 14.34% (๐Ÿ”ฝ-2.91%)


✳Policy Rate in Ghana ➡ 14.50% (➖0.00%)


¶ TREASURY RATES๐Ÿ’ธ 

14 - Day Discount Rate 14.4196% Interest Rate 14.5000%

56 - Day Discount Rate 14.1836% Interest Rate 14.5000%

91 - Day Discount Rate 12.3983% Interest Rate 12.7949%

182 - Day Discount Rate 12.6769% Interest Rate 13.5348%

364 - Day Discount Rate 14.1230% Interest Rate 16.4456%

1 Year Fixed Note Interest Rate 16.5672%

2 Year Fixed Note Interest Rate 17.6000%

3 Year Bond Interest Rate 17.7000%

5 Year Bond Interest Rate 18.3000%

6 Year Bond Interest Rate 19.2500%

7 Year Bond Interest Rate 20.5000%

10 Year Bond Interest Rate 19.8000%

20 Year Fixed Rate Bond 20.2000%


๐Ÿ‚GHANA GOV'T EUROBOND RATES ๐Ÿฆ

7 Year Bond Coupon Rate 7.7500%

12 Year Bond Coupon Rate 8.6250%

20 Year Bond Coupon Rate 8.8750%


๐Ÿ›ขAverage Petrol & Diesel Price Per Litre - Gh¢5.45 (๐Ÿ”บ️+4.74%)


๐Ÿง MARKET INDEXES 

*Dow Jones Index๐Ÿš‚⛽ 33,821.30 -256.33

-0.75%

*S&P 500 ๐Ÿฆ 4,134.94 -28.32

-0.68%

*Nasdaq Index๐Ÿ“ฒ๐Ÿ’ป  13,786.27 -128.50

-0.92%

* NYSE Composite Index 15,944.61 -162.95

-1.01%

*London FTSE 6,859.87 -140.21

-2.00%

*Germany DAX 15,129.51 -238.88

-1.55%

*Japan NIKKEI 225 29,100.38 -584.99

-1.97%

*Tokyo TOPIX Index 1,926.25 -30.31

-1.55%

*Hong Kong HANG SENG  287.06 -5.62

-1.92%

*Shanghai Shenzhen 300 7,017.77 -47.87

-0.68%

*S&P/ASX 200 Index 5,083.37 -3.65

-0.07%

*Bloomsberg EU 500 287.06 -5.62

-1.92%

*France CAC All-Tradable 4,768.53 -96.55

-1.98%

*Dubai DFM General Index 2,624.27 -8.31

-0.32%

*MOEX Russia Index 3,552.41 -21.67

-0.61%

*FTSE/JSE South Africa Top40 61,116.77 -1,209.08

-1.94%

*Nairobi SE 20 Share 1,873.93 -5.13

-0.27%

*Nigeria SE Main-Board 39,015.58 +160.85

+0.41%

*BBG EMEA World Index 153.72 -2.23

-1.43%

*GSE Composite Index 2,321.52 10.02 0.43%

*GSE Financial Index 1,845.34 +2.18 +0.12%


๐Ÿ”ผGSE 2021 GAINERS ➖ PRICE ➖ YTD%

MTNGH ➡Gh¢0.95 ๐Ÿ”ผ+48.44%

SOGEGH ➡Gh¢0.75 ๐Ÿ”ผ+17.19%

TOTAL ➡Gh¢3.20 ๐Ÿ”ผ+13.07%

SCB ➡Gh¢18.16 ๐Ÿ”ผ+11.34%

GCB ➡Gh¢4.50 ๐Ÿ”ผ+11.11%


๐Ÿ”ปGSE 2021 LOSERS ➖ PRICE ➖ YTD%

UNIL ➡Gh¢4.43 ๐Ÿ”ป-46.56%

ETI ➡Gh¢0.07 ๐Ÿ”ป-12.50%

ALW ➡Gh¢0.10 ๐Ÿ”ป-9.09%

EGH ➡Gh¢7.00 ๐Ÿ”ป-2.78%

ACCESS ➡Gh¢4.30 ๐Ÿ”ป-2.05%


GSE INDEXES ⏸ 2021 YTD RETURNS% 

*GSE Composite Index 2,321.52 ๐Ÿ”ผ+19.57%

*GSE Financial Index 1,845.34 ๐Ÿ”ผ+3.51%


๐Ÿ’งMUTUAL FUNDS IN GHANA♣

๐Ÿ“ˆEQUITY FUNDS ➰YTD%

Databank EPAcK ๐Ÿ”ผ+4.29%

Republic Equity Trust ๐Ÿ”ผ+3.55%


⚖BALANCED FUNDS ⏸ YTD%

Databank Bfund ๐Ÿ”ผ+5.55%

EDC Balanced ๐Ÿ”ผ+7.86%

CDH Balanced Fund ๐Ÿ”ผ+4.10%

CM Fund ๐Ÿ”ผ+4.24%

Republic Future Plan Trust ๐Ÿ”ผ+3.43%

Databank EdiFund T 2 ๐Ÿ”ผ+5.51%

Dalex Vision Fund ๐Ÿ”ผ+5.45%

Fidelity Balanced Trust ๐Ÿ”ผ+7.17%


⚙FIXED INCOME FUNDS ๐Ÿ›กYTD%

EDC Fixed Income ๐Ÿ”ผ+4.50%

Fidelity Fixed Income Trust ๐Ÿ”ผ+5.15%

NIMED Fixed Income Tier 1 ๐Ÿ”ผ+4.11%

NIMED Fixed Income Tier 2 ๐Ÿ”ผ+4.66%

Databank Mfund ๐Ÿ”ผ+4.79%


MONEY MARKET FUNDS ⏱YTD%

Databank EdiFund T1 ๐Ÿ”ผ+5.21%

EDC Money Market Fund ๐Ÿ”ผ+3.84%

Republic Unit Trust ๐Ÿ”ผ+4.19%


✴ COMMODITIES MARKET 

*Brent Crude $/barrel⛽ $66.57 -0.48

-0.72%

*Natural Gas ๐Ÿญ $/million BTUS $2.72 -0.01

-0.29%

*Gold ๐Ÿ‘‘ $/troy ounce $1,778.70 +0.30

+0.02%

*Silver ๐Ÿ’ $/troy ounce $25.88 +0.04

+0.15%

*Corn ๐ŸŒฝ $/bushel $592.00 +11.50

+1.98%

*Cocoa ๐Ÿซ $/metric ton $2,419.00 -73.00

-2.93%

*Coffee ☕ $/pound  $134.45 +2.55

+1.93%

*Sugar๐ŸŽ‚ $/pound $16.72 +0.51

+3.15%

*Lumber $/1000 board feet $1,278.70 -48.00

-3.62%

Rubber  USd/kg $165.50 +2.60

+1.60%


Sources: Bank of Ghana, Bloomberg, GSE, Reuters, Citifm, Myjoyonline, Ghanaweb, Doobia, BBC, Graphic Business, B&FT, StarFmonline, Ghana News Agency.


Compiled By:

Prince Henry Danquah

Bora Capital Advisors Ltd.

+233(0)50-002-3155


❗PLEASE SHARE BUSINESS NEWS | GHANA AND BEYOND ๐ŸŒ /04/2021


๐Ÿšฉ


๐Ÿšฉ


๐Ÿšฉ


๐Ÿšฉ


๐Ÿšฉ


๐Ÿšฉ


๐Ÿšฉ


๐Ÿšฉ


➖➖➖➖➖➖➖➖➖


Secure your Tomorrow with *MY OWN PENSION* on your MTN Mobile Money and make contributions that you can rely upon tomorrow. Watch the MoP webinar on the *Invest in Gh YouTube channel*.


To Register for MoP, Simply dial **170#*,  select *Option 5* (Financial Services) and select *Option 4* (Pensions and Investments), select *Option 1* (My Own Pension), select *Option 1* (Enrol) and follow the prompts to Begin


➖➖➖➖➖➖➖➖➖


Do you want to know more about Investing in Stocks, Mutual Funds, Cryptocurrencies? Or do you want to learn about the Real Estate Market in Ghana? Perhaps you want to know how to achieve Financial Independence? Invest in Gh has webinars to educate you on all these topics and more... 

Visit the YouTube Channel at  https://youtube.com/InvestinGh to learn more...


➖➖➖➖➖➖➖➖➖


✴✴INTERBANK FOREX RATES ๐Ÿ’ด๐Ÿ’ฐ 

US$GH¢ Buy 5.7285 Sell 5.7343

GB£GH¢ Buy 7.9884 Sell 7.9970

CHFGH¢ Buy 6.2645 Sell 6.2707

AUD$GH¢ Buy 4.4344 Sell 4.4399

CAD$GH¢ Buy 4.5568 Sell 4.5611

JP¥GH¢ Buy 0.0530 Sell 0.0530

NZDGH¢ Buy 4.1180 Sell 4.1233

ZARGH¢ Buy 0.4033 Sell 0.4017

EU€GH¢ Buy 6.9015 Sell 6.9083

CHN¥GH¢ Buy 0.8813 Sell 0.8821

GH¢CFA Buy 94.9520 Sell 95.0456

GH¢NG₦ Buy 71.1345 Sell 71.3979

    

CRYPTOCURRENCY MARKET      

Bitcoin $64,346.91 ๐Ÿ”ผ6.28%

Ethereum $2,370.70 ๐Ÿ”ผ9.37%

Binance Coin $578.52 ๐Ÿ”ผ1.37%

Ripple $1.92 ๐Ÿ”ผ31.39%

Cardano $1.52 ๐Ÿ”ผ15.87%

Polkadot $44.27 ๐Ÿ”ผ9.96%

Uniswap $36.25 ๐Ÿ”ผ13.40%

THETA $12.66 ๐Ÿ”ผ5.98%

Litecoin $281.80 ๐Ÿ”ผ12.05%

Chainlink $37.29 ๐Ÿ”ผ13.40%

Stellar $0.6808 ๐Ÿ”ผ16.12%

Bitcoin Cash $822.79 ๐Ÿ”ผ21.89%

Dogecoin $0.1127 ๐Ÿ”ผ52.60%

TRON $0.1542 ๐Ÿ”ผ15.89%

Filecoin $165.00 ๐Ÿ”ผ0.68%


๐Ÿ’ตBloomberg USDGHS Cross Rate - *5.7770* (YTD - ๐Ÿ”ฝ-1.53%)


๐Ÿ”ผGSE DAILY GAINERS➖%CHANGE➖PRICE 

CAL ➡Gh¢0.73 ๐Ÿ”ผ+2.82%

MTNGH ➡Gh¢0.95 ๐Ÿ”ผ+1.06%


๐Ÿ”ปGSE DAILY LOSERS➖%CHANGE➖PRICE

UNIL ➡Gh¢4.43 ๐Ÿ”ป-9.96%


〽Inflation rate in Ghana  ➡  10.30% (➖0.00%)


๐ŸฆGhana Reference Rate ➡ 14.34% (๐Ÿ”ฝ-2.91%)


✳Policy Rate in Ghana ➡ 14.50% (➖0.00%)


¶ TREASURY RATES๐Ÿ’ธ 

14 - Day Discount Rate 14.4196% Interest Rate 14.5000%

56 - Day Discount Rate 14.1836% Interest Rate 14.5000%

91 - Day Discount Rate 12.3983% Interest Rate 12.7949%

182 - Day Discount Rate 12.6769% Interest Rate 13.5348%

364 - Day Discount Rate 14.1230% Interest Rate 16.4456%

1 Year Fixed Note Interest Rate 16.5672%

2 Year Fixed Note Interest Rate 17.6000%

3 Year Bond Interest Rate 17.7000%

5 Year Bond Interest Rate 18.3000%

6 Year Bond Interest Rate 19.2500%

7 Year Bond Interest Rate 20.5000%

10 Year Bond Interest Rate 19.8000%

20 Year Fixed Rate Bond 20.2000%


๐Ÿ‚GHANA GOV'T EUROBOND RATES ๐Ÿฆ

7 Year Bond Coupon Rate 7.7500%

12 Year Bond Coupon Rate 8.6250%

20 Year Bond Coupon Rate 8.8750%


๐Ÿ›ขAverage Petrol & Diesel Price Per Litre - Gh¢5.45 (๐Ÿ”บ️+4.74%)


๐Ÿง MARKET INDEXES 

*Dow Jones Index๐Ÿš‚⛽ 33,821.30 -256.33 -0.75%

*S&P 500 ๐Ÿฆ 4,134.94 -28.32 -0.68%

*Nasdaq Index๐Ÿ“ฒ๐Ÿ’ป  13,786.27 -128.50 -0.92%

* NYSE Composite Index 15,944.61 -162.95 -1.01%

*London FTSE 6,859.87 -140.21 -2.00%

*Germany DAX 15,129.51 -238.88 -1.55%

*Japan NIKKEI 225 29,100.38 -584.99 -1.97%

*Tokyo TOPIX Index 1,926.25 -30.31 -1.55%

*Hong Kong HANG SENG  287.06 -5.62 -1.92%

*Shanghai Shenzhen 300 7,017.77 -47.87 -0.68%

*S&P/ASX 200 Index 5,083.37 -3.65 -0.07%

*Bloomsberg EU 500 287.06 -5.62 -1.92%

*France CAC All-Tradable 4,768.53 -96.55 -1.98%

*Dubai DFM General Index 2,624.27 -8.31 -0.32%

*MOEX Russia Index 3,552.41 -21.67 -0.61%

*FTSE/JSE South Africa Top40 61,116.77 -1,209.08 -1.94%

*Nairobi SE 20 Share 1,873.93 -5.13 -0.27%

*Nigeria SE Main-Board 39,015.58 +160.85 +0.41%

*BBG EMEA World Index 153.72 -2.23 -1.43%

*GSE Composite Index 2,321.52 10.02 0.43%

*GSE Financial Index 1,845.34 +2.18 +0.12%


๐Ÿ”ผGSE 2021 GAINERS ➖ PRICE ➖ YTD%

MTNGH ➡Gh¢0.95 ๐Ÿ”ผ+48.44%

SOGEGH ➡Gh¢0.75 ๐Ÿ”ผ+17.19%

TOTAL ➡Gh¢3.20 ๐Ÿ”ผ+13.07%

SCB ➡Gh¢18.16 ๐Ÿ”ผ+11.34%

GCB ➡Gh¢4.50 ๐Ÿ”ผ+11.11%


๐Ÿ”ปGSE 2021 LOSERS ➖ PRICE ➖ YTD%

UNIL ➡Gh¢4.43 ๐Ÿ”ป-46.56%

ETI ➡Gh¢0.07 ๐Ÿ”ป-12.50%

ALW ➡Gh¢0.10 ๐Ÿ”ป-9.09%

EGH ➡Gh¢7.00 ๐Ÿ”ป-2.78%

ACCESS ➡Gh¢4.30 ๐Ÿ”ป-2.05%


GSE INDEXES ⏸ 2021 YTD RETURNS% 

*GSE Composite Index 2,321.52 ๐Ÿ”ผ+19.57%

*GSE Financial Index 1,845.34 ๐Ÿ”ผ+3.51%


๐Ÿ’งMUTUAL FUNDS IN GHANA♣

๐Ÿ“ˆEQUITY FUNDS ➰YTD%

Databank EPAcK ๐Ÿ”ผ+4.29%

Republic Equity Trust ๐Ÿ”ผ+3.55%


⚖BALANCED FUNDS ⏸ YTD%

Databank Bfund ๐Ÿ”ผ+5.55%

EDC Balanced ๐Ÿ”ผ+7.86%

CDH Balanced Fund ๐Ÿ”ผ+4.10%

CM Fund ๐Ÿ”ผ+4.24%

Republic Future Plan Trust ๐Ÿ”ผ+3.43%

Databank EdiFund T 2 ๐Ÿ”ผ+5.51%

Dalex Vision Fund ๐Ÿ”ผ+5.45%

Fidelity Balanced Trust ๐Ÿ”ผ+7.17%


⚙FIXED INCOME FUNDS ๐Ÿ›กYTD%

EDC Fixed Income ๐Ÿ”ผ+4.50%

Fidelity Fixed Income Trust ๐Ÿ”ผ+5.15%

NIMED Fixed Income Tier 1 ๐Ÿ”ผ+4.11%

NIMED Fixed Income Tier 2 ๐Ÿ”ผ+4.66%

Databank Mfund ๐Ÿ”ผ+4.79%


MONEY MARKET FUNDS ⏱YTD%

Databank EdiFund T1 ๐Ÿ”ผ+5.21%

EDC Money Market Fund ๐Ÿ”ผ+3.84%

Republic Unit Trust ๐Ÿ”ผ+4.19%


✴ COMMODITIES MARKET 

*Brent Crude $/barrel⛽ $66.57 -0.48 -0.72%

*Natural Gas ๐Ÿญ $/million BTUS $2.72 -0.01 -0.29%

*Gold ๐Ÿ‘‘ $/troy ounce $1,778.70 +0.30 +0.02%

*Silver ๐Ÿ’ $/troy ounce $25.88 +0.04 +0.15%

*Corn ๐ŸŒฝ $/bushel $592.00 +11.50 +1.98%

*Cocoa ๐Ÿซ $/metric ton $2,419.00 -73.00 -2.93%

*Coffee ☕ $/pound  $134.45 +2.55 +1.93%

*Sugar๐ŸŽ‚ $/pound $16.72 +0.51 +3.15%

*Lumber $/1000 board feet $1,278.70 -48.00 -3.62%

Rubber  USd/kg $165.50 +2.60 +1.60%


Sources: Bank of Ghana, Bloomberg, GSE, Reuters, Citifm, Myjoyonline, Ghanaweb, Doobia, BBC, Graphic Business, B&FT, StarFmonline, Ghana News Agency.


Compiled By:

Prince Henry Danquah

Bora Capital Advisors Ltd.

+233(0)50-002-3155


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