Business News of Wednesday, 29 January 2020Source: www.goldstreetbusiness.comFinancial stocks lead stock market reboundGhana Stock Exchange (GSE)The signals of recovery from the financial crisis that hit the economy in 2017 have begun to positively to impact on the performance of the Ghana Stock Exchange in the first month of this year. The GSE Composite Index (GSE-CI) measures the weighted average price changes of all the equities listed on the market; and the GSE Financial Stock Index (GSE-FSI) – tracks the weighted average price changes of financial services equities. According to Trading Economics, the Ghana Stock Market Composite GSE-CI is expected to trade at 2275.78 points by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations. Trend AnalysisBased on trend analysis, analysts in the market are predicting that the Ghana Stock Exchange should rebound this year, an election year after a poor performance in 2019. Trends show that the Ghana Stock Exchange (GSE) has followed a particular pattern in election years and 2020 may not be different.

Source: GhanaWeb January 29, 2020 08:26 UTC