January 04, 2021 - BY Admin

THE FUTURE STARTS AT THE GHANA STOCK EXCHANGE [GSE]

FIRST OF ALL A HAPPY NEW YEAR AGAIN FROM RECKLING ENTERPRISE. MAY THE NEW YEAR PRESENT YOU WITH EVERYTHING YOU ASPIRE TO ACHIEVE. OF COURSE, MOST OF THE SUCCESS YOU INTEND TO HAVE DEPENDS ON YOUR OWN EFFORTS, SO, WORK HARD, AND YOUR ACHIEVEMENTS WILL REWARD YOU.

THE FIRST GOOD NEWS FOR THE NEW YEAR ACTUALLY COMES FROM THE OLD ONE. AND THIS GOOD NEWS COMES FROM THE GHANA STOCK EXCHANGE [GSE]. SINCE THE ELECTIONS AT THE BEGINNING OF DECEMBER 2020, THE GSE IS IN AN UPWARD TREND. BOTH INDICES, THE COMPOSITE AND THE FINANCIAL,  HAVE PERFORMED EXTREMELY WELL IN THE LAST WEEKS - FOR GHANAIAN CIRCUMSTANCES. MAY BE THAT IT IS THE FACT THAT THE PRESIDENTIAL AND PARLIAMENTARY ARE FINALLY OVER, MAY BE THAT INVESTORS SEE A POSITIVE DEVELO PMENT FOR THE ECONOMY IN GHANA IN THE YEAR 2021, THE REASONS MAY BE MANYFOLD.

FACT IS THAT THE IMPROVEMENTS OF THE FINANCIAL MARKETS IN GHANA IN THE LAST MONTHS SEEM TO HAVE FINALLY REACHED THE STOCK EXCHANGE. DESERVED IT IS:  AS MOST OF THE STOCK EXCHANGES IN THE WORLD IMPROVED AFTER THE PANDEMIC-INDUCED CRASH, THE TIME HAS COME FOR AFRICAN STOCK EXCHANGES ALSO TO PARTICIPATE IN  THESE SUCCESS STORIES.

FURTHERMORE, ALTHOUGH THE PERFORMANCE OF STOCK EXCHANGES DOES NOT NECESSARILY SAY ANYTHING ABOUT THE "REAL" ECONOMY - LOOK ONLY AT THE UNITED STATES OF AMERICA, WHERE THE EXCHANGES BLOSSOM, WHILE THE "REAL" ECONOMY IS IN TROUBLE - THERE IS NO DOUBT THAT IN SOME WAYS POSITIVE FINANCIAL MARKETS ARE A SIGN FOR A POSITIVE DEVELOPMENT OF THE ECONOMY AS A WHOLE IN THE NEAR FUTURE.

THE YEAR 2021 STARTED POSITIVE, AND LOOKING  AT THE FUNDAMENTALS IN GHANA, THE REST OF THE YEAR WILL SURELY CONTINUE TO DEVELOP POSITIVE ASPECTS.

STAY TUNED TO FOCUS ON THE FUTURE DEVELOPMENT...