GSE | Quarterly Stock Recommendation Report - Q2 2021

    The Ghana Stock Exchange (GSE)equity market has since the beginning of the year returned over 40% to investors; levels it has not reached since 2017. This is in contrast to the relatively bearish market we have endured over the past three years compounded by the outbreak of the globalpandemic COVID-19 in 2020 which slowed the comeback of the market. But since the country conducted a peaceful general elections in 2020with easing of lockdowns married withsuccessful roll out of vaccinations, the market hasshown signs of a recovery which has extended well into this year. As there are easing of restrictions on movements, businesses and industries have been able to revive their activities although not at pre-pandemic levels. The GSE has benefitted largely from gains made by telecommunication giants; Scancom PLC among other listed equities which have performed well this year to record impressive market returns. Scares of the Delta variant however has not affected the GSE as there is more adherence to safetyprotocols in the companies and companies are more robust to the needs and requirements of working from home.


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