GHANA STOCK EXCHANGE WEEK FROM 17-12-18 TO 21-12-18

OWNER OF RECKLING BLOG

GHANA STOCK EXCHANGE WEEK FROM 17-12-18 TO 21-12-18 SHOWED A LITTLE BIT OF RECOVERY. IS THERE A SMALL RALLY IN SIGHT? THE COMPOSITE CLOSED THE WEEK AT 2539, 13 POINTS HIGHER THAN THE WEEK BEFORE. THE FINANCIAL EVEN GAINED, 25 POINTS, CLOSING THE WEEK AT 2130.

IT IS SURELY TOO EARLY TO TALK ABOUT EVEN A SMALL RALLY ON THE GHANAIAN STOCK MARKET. BUT AT LEAST IT SHOWS US THAT THERE IS NOT ONLY ONE WAY ON THE DOMESTIC STOCK MARKET. THERE CAN ALSO BE AN UPWARD TREND, ALTHOUGH SO SHORT BEFORE THE HOLIDAYS VERY SMALL. BUT AS THE SAYING GOES: “DOWNSIZE CATTLE ALSO MAKES MIST.”

LET US HOPE THAT THIS IS THE BEGINNING OF A MORE POSITIVE NEW YEAR. ACCORDING TO MY OPINION, THE CHANGES FOR A POSITIVE DEVELOPMENT ARE NOT SO BAD. ON THE FOREIGN FRONT, THE FED SIGNALLED THAT THERE WILL BE LESS RATE HIKES NEXT YEAR. ON THE DOMESTIC SIDE, THERE ARE SIGNS THAT THE ECONOMIC POLICY OF THE CURRENT GOVERNMENT WILL START TO BEAR FRUITS.

SO GUYS AND GIRLS, BE POSITIVE. HAVE CONFIDENCE IN THE DEVELOPMENT OF THE DOMESTIC ECONOMY IN THE COMING YEAR. WE CAN ONLY BRING THE ECONOMY AND THE STOCK MARKET FORWARD, IF WE THINK POSITIVE. THE SIGNS ARE GOOD, AND WE MUST MAKE THE BEST OUT OF IT. MY TIP FOR 2019 IS, BUY STOCKS AND FIXED INCOME SECURITIES – BONDS. THIS IS ONE WAY TO SUPPORT A DEVELOPINNG ECONOMY LIKE OURS.

AND, FOR THE END OF MY THIS YEARS WORK, SOME WORDS ON MY OWN BEHALF.

I WISH EVERTBODY A MERRY CHRISTMAS AND A HAPPY NEW YEAR. YOU CAN BE SURE THAT I WANT TO DO MY SHARE FOR THE DEVELOPMENT OF THIS COUNTRY. I WOULD BE VERY HAPPY, IF YOU ALL WOULD SUPPORT ME IN THIS ENDEAVOUR BY STICKING TO MY BLOG.

AND, IN THE NEXT YEAR, THERE WILL BE BUSINESS MANAGEMENT, FINANCE AND INVESTMENT CONSULTANCY ON THIS WEBSITE. FURTHERMORE, ON http://www.ghanaresearch.org/wp THERE WILL BE FREE COURSES IN ECONOMY, FINANCE AND INVESTMENT FROM FEBRUARY 2019 ON. YOU CAN REGISTER AND GET SOME MORE ECONOMIC AND FINANCIAL LITERACY.

MERRY CHRISTMAS AND A HAPPY NEW YEAR!

Leave a Reply