Foreign Investors Fuel Korean Semiconductor Stocks Following the extended Chuseok holiday, South Korean markets reopened on the 10th, witnessing a surge in foreign investment in semiconductor stocks. Positive developments during the market closure, such as U.S. companies NVIDIA and AMD announcing large-scale investment contracts with OpenAI, contributed to the momentum. This led to significant gains…
Market Performance and Technical Outlook The nation’s stock market closed on a negative note for the second consecutive week, after breaking down the strong support level of 140,000. This was followed by selloffs and profit booking, although there was a seeming rebound on the last trading session of the week, allowing the index to finish…
Strong Performance of CAL Asset Management Funds in 2024 CAL Asset Management Company has demonstrated impressive results for its flagship collective investment schemes, the CAL Advantage Unit Trust and the CAL Benefit Unit Trust, in 2024. These funds have delivered returns that surpassed inflation, reinforcing investor confidence and highlighting the firm’s strong position within Ghana’s…