Enterprise Group emerges best performing equity on GSE

Enterprise Group has so far emerged as best performing equity on the Ghana Stock Exchange in terms of returns to investors.

The company returned 256 percent to persons who invested in the stock from January to August.

This was contained in the Stock Exchange's report issued by managers of the market.

The 256 percent return means that investors who bought into shares of Enterprise Group over the past eight months, realized that margin of appreciation in the value of their shares.

However, on the average the Stock Market has returned almost 66 percent to investors. But this is far better than what you would have realized if you had invested in Treasury bills which is currently offering 22 .64 percent or deposited your money at the Bank which could be giving you around 10 percent.

The report revealed that 220 million shares were traded on the Ghana Stock Exchange from January to August.

Shares of CAL Bank led the pack in terms of value traded, with 3.6 million stocks traded , while GCB recorded highest in terms of value.

Market capitalization is now put at 56.2 billion Ghana cedis, while 34 companies are listed on the market.