?Ghana and the United Kingdom have reaffirmed their partnership on climate adaptation and resilience ahead of the 26th UN Climate Change Conference of Parties (COP26) in November. The two countries took the stance after Anne-Marie Trevelyan, the UK International Champion on Adaptation and Resilience for the COP26 Presidency and Minister for Energy, Clean Growth and Climate Change, completed a three-day working visit to Ghana. The visit comes ahead of the UK hosting the 26th UN Climate Change Conference of Parties (COP26) in November, leveraging the UK’s presidency to accelerate climate action – including a particular focus on adaptation and resilience in the most vulnerable parts of the world.

?President Nana Addo Dankwa Akufo-Addo on Monday gave the assurance that government will construct a guinea fowl processing factory in the Bawku Municipality of the Upper East Region. He said the factory would be constructed under the ‘One District, One Factory’ initiative, saying “In the same way under the ‘One District, One Factory’ policy, we are going to establish very soon, a guinea fowl processing factory here in Bawku.” President Akufo-Addo said this when he called on the Paramount Chief of the Kusaug Traditional Area, Zugraan Naba Asigri Abugrago Azoka II, as part of his day’s visit to the Upper East Region.

?The World Bank Migration and Development Report for 2021 has reported an increase of 5 percent to US$3.6 billion in remittances flows to Ghana despite the lockdown in many of the remittances sending countries. Host countries for Ghanaian migrants include the USA, the UK, Côte d’Ivoire, Italy, Germany, and Canada. The resilience of Ghanaian migrants has been commended in the face of the harsh economic impact on the top ten remittances sending countries because of the COVID-19. Madam Abibatou Wane, Chief of Mission, International Organisation for Migration (IOM), speaking at the GIZ- Ghana Programme Migration and Diaspora Multi-Stakeholder Dialogue on Remittance in Accra.

?Ghana Cocoa Board has disclosed it raised GH¢11.7 billion (US$2 billion) in cocoa produce bills between January and May 2021, Bloomberg has reported. Head of Finance and Administration at COCOBOD, Ray Ankrah explained that the outfit increased bill sales in order to help refinance maturing obligations and further plans to raise US$1.5 billion through syndicated loans for the upcoming crop season in October this year. In an interaction with Bloomberg monitored by GhanaWeb , Ankrah said COCOBOD has since exceeded its 2020-21 cocoa production target and subsequently stretched the US$1.3 billion syndicated loan that was earlier raised at the beginning of the season in October 2020. Cocoa farmers in Ghana have so far harvested 965,493 metric tons as of June 3, 2021 compared with a target of 900,000 tons for the whole crop year that ends in September 2021.

?In recognition of the devastating effects of the COVID-19 pandemic on African economies, the President of the African Development Bank, Akinwumi Adesina, says the bank is willing to help West African countries accelerate growth and development to ensure economic stability. Speaking at the opening of the 59th ECOWAS Heads of State and Authority summit in Accra on Saturday, June 19, 2021, Mr. Adesina said the continent needs to build a strong healthcare system in order to recover. “The African Development Bank projects that Africa’s GDP growth will rebound to 3.4% this year. West Africa’s GDP growth is projected to recover from -1.5% in 2020 to 2.8% in 2021 and 3.9% in 2022.”

?President of the Republic, Nana Addo Dankwa Akufo-Addo has announced that over the next 10 years the country will offer investment opportunities to the local and international investment communities to the tune of US$450 billion. He made the declaration to an audience of global CEOs on Tuesday, June 15, 2021, when he launched the Ghana Financing Roadmap for the realization of the 2030 United Nations Sustainable Development Goals (SDGs).

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✴INTERBANK FOREX RATES ??
US$GH¢ Buy 5.7503 Sell 5.7561
GB£GH¢ Buy 7.9998 Sell 8.0084
CHFGH¢ Buy 6.2499 Sell 6.2561
AUD$GH¢ Buy 4.3215 Sell 4.3262
CAD$GH¢ Buy 4.6446 Sell 4.6490
JP¥GH¢ Buy 0.0520 Sell 0.0520
NZDGH¢ Buy 4.0191 Sell 4.0242
ZARGH¢ Buy 0.4008 Sell 0.4012
EU€GH¢ Buy 6.8433 Sell 6.8501
CHN¥GH¢ Buy 0.8879 Sell 0.8886
GH¢CFA Buy 95.7587 Sell 95.8539
GH¢NG₦ Buy 71.4437 Sell 71.4559

CRYPTOCURRENCY MARKET
Bitcoin $34,185.58 ?4.53%
Ethereum $2,026.34 ?4.23%
Binance Coin $292.59 ?3.35%
Internet Computer $39.79 ?3.05%
Ripple $0.6203 ?0.16%
Cardano $1.28 ?5.66%
Dogecoin $0.2182 ?7.37%
Polkadot $16.39 ?16.64%
Uniswap $18.17 ?9.74%
Litecoin $129.84 ?0.42%
Chainlink $18.97 ?4.94%
Stellar $0.2635 ?4.43%
Bitcoin Cash $476.86 ?2.96%
MATIC $1.21 ?3.44%
Ethereum Classic $58.86 ?2.83%
Vechain $0.083 ?7.44%
TRON $0.05589 ?1.28%
THETA $7.11 ?2.27%
Filecoin $54.54 ?12.41%
PancakeSwap $13.45 ?5.56%

?Bloomberg USDGHS Cross Rate - 5.8237 (YTD - ?-0.74%)

?GSE DAILY GAINERS➖%CHANGE➖PRICE
UNIL ➡Gh¢3.33 ?+8.47%
TOTAL ➡Gh¢3.65 ?+6.73%
EGL ➡Gh¢1.76 ?+0.57%

?GSE DAILY LOSERS➖%CHANGE➖PRICE
ETI ➡Gh¢0.05 ?-16.67%

〽Inflation rate in Ghana ➡ 7.50% (?-11.76%)

?Ghana Reference Rate ➡ 13.80% (?-2.75%)

✳Policy Rate in Ghana ➡ 13.50% (?-7.41%)

¶ TREASURY RATES?
14 - Day Discount Rate 14.4196% Interest Rate 14.5000%
56 - Day Discount Rate 14.1836% Interest Rate 14.5000%
91 - Day Discount Rate 12.2405% Interest Rate 12.6269%
182 - Day Discount Rate 12.5495% Interest Rate 13.3897%
364 - Day Discount Rate 14.0431% Interest Rate 16.3374%
1 Year Fixed Note Interest Rate 16.5672%
2 Year Fixed Note Interest Rate 17.6000%
3 Year Bond Interest Rate 17.7000%
5 Year Bond Interest Rate 18.8000%
6 Year Bond Interest Rate 19.2500%
7 Year Bond Interest Rate 18.1000%
10 Year Bond Interest Rate 19.8000%
20 Year Fixed Rate Bond 20.2000%

?GHANA GOV'T EUROBOND RATES ?
7 Year Bond Coupon Rate 7.7500%
12 Year Bond Coupon Rate 8.6250%
20 Year Bond Coupon Rate 8.8750%

?Average Petrol Diesel Price Per Litre - Gh¢6.23 (?️+3.49%)

? MARKET INDEXES
*Dow Jones Index?⛽ 33,945.58 +68.61 +0.20%
*SP 500 ? 4,246.44 +21.65 +0.51%
*Nasdaq Index?? 14,253.27 +111.79 +0.79%
* NYSE Composite Index 16,449.02 +37.04 +0.23%
*London FTSE 7,090.01 +27.72 +0.39%
*Germany DAX 15,636.33 +33.09 +0.21%
*Japan NIKKEI 225 28,884.13 +873.20 +3.12%
*Tokyo TOPIX Index 1,959.53 +60.08 +3.16%
*Hong Kong HANG SENG 28,309.76 -179.24 -0.63%
*Shanghai Shenzhen 300 5,122.16 +31.77 +0.62%
*SP/ASX 200 Index 7,342.20 +106.89 +1.48%
*Bloomsberg EU 500 301.91 +0.48 +0.16%
*France CAC All-Tradable 5,072.36 +7.57 +0.15%
*Dubai DFM General Index 2,856.39 +8.44 +0.30%
*MOEX Russia Index 3,821.68 +8.23 +0.22%
*FTSE/JSE South Africa 59,493.46 +21.21 +0.04%
*Nairobi SE 20 Share 1,898.91 -3.84 -0.20%
*Nigeria SE Main-Board 37,847.07 -831.41 -2.15%
*BBG EMEA World Index 160.13 +0.22 +0.14%
*GSE Composite Index 2,642.27 -3.01 -0.11%
*GSE Financial Index 1,868.99 -12.75 -0.68%

?GSE 2021 GAINERS ➖ PRICE ➖ YTD%
MTNGH ➡Gh¢1.20 ?+87.50%
GGBL ➡Gh¢1.29 ?+43.33%
SOGEGH ➡Gh¢0.89 ?+39.06%
GCB ➡Gh¢5.40 ?+33.33%
TOTAL ➡Gh¢3.65 ?+28.98%

?GSE 2021 LOSERS ➖ PRICE ➖ YTD%
UNIL ➡Gh¢3.33 ?-59.83%
ETI ➡Gh¢0.05 ?-37.50%
ACCESS ➡Gh¢3.49 ?-20.50%
SIC ➡Gh¢0.07 ?-12.50%
ALW ➡Gh¢0.10 ?-9.09%

GSE INDEXES ⏸ 2021 YTD RETURNS%
*GSE Composite Index 2,642.27 ?+36.09%
*GSE Financial Index 1,868.99 ?+4.84%

?MUTUAL FUNDS IN GHANA♣
?EQUITY FUNDS ➰YTD%
Databank EPAcK ?+12.52%
Republic Equity Trust ?+7.23%
SAS Fortune Fund ?+10.44%

⚖BALANCED FUNDS ⏸ YTD%
Databank Bfund ?+10.80%
Fidelity Balanced Trust ?+12.36%
EDC Balanced ?+14.95%
CDH Balanced Fund ?+6.16%
CCMF ?+9.15%
CM Fund ?+7.09%
Plus Balanced Fund ?+10.70%
Dalex Vision ?+7.38%
Elite Mutual Fund ?+6.04%
Republic Future Plan Trust ?+6.90%
Databank EdiFund T 2 ?+10.06%

⚙FIXED INCOME FUNDS ?YTD%
EDC Fixed Income ?+7.45%
STANLIB Income Fund Trust ?+7.84%
Fidelity Fixed Income Trust ?+8.33%
Nimed Fixed Income Fund Tier 1 ?+6.96%
Nimed Fixed Income Fund Tier 2 ?+7.59%
Financial Independence Fund ?+6.94%
Fixed Income Alpha Plus ?+8.51%
Plus Income Fund ?+9.06%
Databank Mfund ?+8.06%

MONEY MARKET FUNDS ⏱YTD%
SAS Midas Fund ?+6.95%
Stanlib Cash Trust ?+6.31%
Databank EdiFund T1 ?+8.54%
EDC Money Market Fund ?+6.46%
Republic Unit Trust ?+7.21%

✴ COMMODITIES MARKET
*Brent Crude $/barrel⛽ $74.90 0.00 0.00%
*Natural Gas ? $/million BTUS $3.26 +0.07 +2.29%
*Gold ? $/troy ounce $1,778.40 -4.50 -0.25%
*Silver ? $/troy ounce $25.90 -0.16 -0.63%
*Corn ? $/bushel $539.25 -17.75 -3.19%
*Cocoa ? $/metric ton $2,396.00 +18.00 +0.76%
*Coffee ☕ $/pound $152.10 -1.95 -1.27%
*Sugar? $/pound $16.74 -0.33 -1.93%
*Lumber $/1000 board feet $868.20 -18.30 -2.06%
Rubber USd/kg $159.10 -0.90 -0.56%

Sources: Bank of Ghana, Bloomberg, GSE, Reuters, Citifm, Myjoyonline, Ghanaweb, Doobia, BBC, Graphic Business, BFT, StarFmonline, Ghana News Agency.