GSE-CI closes in the red as MTN drops
At the close of trading on Tuesday, the equity market slipped to close in the red on the back of price decline in Scancom PLC (MTNGH) as the stock lost GH¢0.02 pesewas to close at GH¢1.24.
As a result, the benchmark GSE Composite Index (GSE-CI) lost 22.29 points to close at 2,788.57 representing a YTD return of 43.62%.
The GSE Financial Stock Index (GSE-FSI) however gained 2.17 points to close at 1,980.43as CAL Bank appreciated 2.78%to close at GH¢0.74; representing a YTD return of 11.09%.
Market Capitalization therefore decreased by GH¢233.28 million to close at GH¢63.47billionrepresenting a YTD growth of 16.73%.
Trade volume and value significantly increased from the previous trading session as 3,945,672 shares valued at GH¢4,949,592 was traded among ten (10) equities.
MTN recorded the lion’s share of trades in both volume and value as it accounted for 96.4% of the total volume traded and 95.3% of the total value traded.
Details of the Daily Equity Market report of SIC Brokerage:
Daily Equity Market Report_14.09.2021 by Fuaad Dodoo on Scribd
