AN ASSESSMENT OF THE STOCK MARKET. A CASE STUDY OF GHANA STOCK EXCHANGE
The study provides an assessment of the stock market with a case study of Ghana Stock Exchange. The study attempts to establish the major criteria for successful stock /equity market, importance, behaviour problems, underlying the stock market and offer some lessons, reforms and recommendations. The study took into account the period from 2010 to 2016 in the assessment of GSE. Secondary data of information was sourced from the website, from published GSE Annual Reports and financial textbooks. The study adopted theoretical information of the Efficient Market and adopted a descriptive data collection method/approach. A number of theories underlying the stock market were examined at broader details. The findings of the study indicated that market capitalization, market competition and the financial statement of the listed companies demonstrate that stock market offers indication to investors from within and external concerning their potential in terms of their investment and the projected return derived. For example, specifically, the findings in terms of the study revealed that the market capitalization of GSE has gone up.
|Keywords: Stock Exchange, Market Efficiency, Capitalization, Earnings Per Share, Financial Statement.|
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