Republic Bank leads gainers on the stock market with 15.38% gain in share price
Republic Bank Ghana led equities on the Ghana Stock Exchange (GSE) with a 15.38 percent change in its share price for last week.
The equity began trading on Monday – October 25, 2021 – with an open share price of Ghs 0.52 pesewas and ended Friday’s trading session with a closing price of Ghs 0.60 pesewas, representing the 15.38 percent price change recorded.
The equity, since the beginning of the year till date, has recorded 50 percentage points change in its share price.
Following Republic Bank as the second-highest gainer on the local bourse was the Benso Oil Palm Plantation (BOPP) with a price change of 13.64 percent.
In the third, fourth and fifth place were MTN Ghana, Enterprise Group Limited and TOTAL with share price change of 0.83 percent, 0.40 percent and 0.20 percent respectively.
Manufacturer and retailer of ice cream and frozen dairy products, FanMilk, was the only decliner on the local bourse for last week.
GAINERS & DECLINER
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | Y-t-D Change |
| RBGH | 0.60 | 0.52 | 15.38% | 50.00% |
| BOPP | 5.00 | 4.40 | 13.64% | 150.00% |
| MTNGH | 1.21 | 1.20 | 0.83% | 89.06% |
| EGL | 2.51 | 2.50 | 0.40% | 79.29% |
| TOTAL | 5.02 | 5.01 | 0.20% | 77.39% |
| FML | 4.50 | 5.00 | -10.00% | 316.67% |
Meanwhile, MTN emerged as the most traded stock on the market at the end of Friday’s trading session accounting for 39.7% of the total value traded.
Volume and value traded of MTN Ghana was 1,162,108 and Ghs 1,412,795 respectively.
Following MTN Ghana was GOIL with total volume and value traded of 804,025 and Ghs 1,366,843 respectively.
In all, a total of 2.37 million shares valued at Ghs 3.56 million were traded, representing a decline of 73.73% and 75.22% in volumes and values traded respectively as compared to previous week.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 1,162,108 | 1,412,795 |
| GOIL | 804,025 | 1,366,843 |
| ETI | 161,517 | 13,121 |
| RBGH | 64,500 | 38,450 |
| GCB | 59,115 | 317,448 |
Also, the benchmark GSE Composite Index (GSE-CI) improved by 14.97 points to close at 2,864.31 translating into a YTD return of 47.52% despite a decline in trade turnover over the week under review.
The GSE Financial Stock Index (GSE-FSI) also gained 12.12 points to close at 2,082.12 translating into a YTD return of 16.79%.
Peruse details of equity report by SIC Brokerage:
Weekly Capital Market Report_week Ending 29.10.2021 by Fuaad Dodoo on Scribd
