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GSE market cap. increase by GHS 20.76m on Monday

4 years ago
in Business, Editor's pick, highlights, Home, home-news, latest News, Markets, Reports, Sec/Gse
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GSE market cap. increase by GHS 20.76m on Monday

Market capitalization of the Ghana Stock Exchange [GSE] on Monday, February 28, 2022, increased by GH¢20.76 million to close at  GH¢62.88 billion.

Despite the recorded gain in market capitalization on Monday, market value of the Exchange has registered a YTD decline of -2.50% since the start of 2022.

The gain in the GSE market value was on the back recorded gains in the share prices of SIC Insurance Company (SIC) and CAL Bank (CAL). 

SIC and CAL both gained  GH¢0.01 and GH¢0.03 to close at GH¢0.15 and GH¢0.85 respectively. 

GAINER & DECLINER 

Ticker Close Price  (GH¢)Open Price  (GH¢)Change YTD  Change
SIC 0.15 0.14 7.14% 87.50%
CAL 0.85 0.82 3.66% -2.30%

Thus, the benchmark GSE Composite Index (GSE-CI) gained 1.98 points to close at 2,696.47 on the first trading day of the week representing a YTD  return of -3.33%.

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The GSE Financial Stock Index (GSE-FSI) also gained 3.60 points to close trading at 2,118.96 translating into a YTD return of -1.53%.  

Meanwhile, a total of 1,944,162 shares valued at GH¢532,725.66 were traded in eleven equities (11) compared to 1,708,944 shares valued at  GH¢339,861.99 which changed hands the Friday.

SIC at close of market  traded the most, accounting for 48.48% of the total value traded.

TOP TRADED EQUITIES 

Ticker Volume Value (GH¢)
SIC 1,722,197 258,329.55
MTNGH 85,242 89,504.10
CAL 71,854 60,622.28
EGL 35,030 115,599.00
ETI 27,034 3,514.42

Peruse report below:

Daily Equity Market Report_28.02.2022 by Fuaad Dodoo on Scribd

Tags: ghanaGhana Stock Exchange [GSE]GSE market cap. increase by GHS 20.76m on Monday
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