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Ghana stock market maintains upward rally; posts YTD returns of 54.23%

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Ghana stock market maintains upward rally; posts YTD returns of 54.23%

The Accra bourse on the opening trading session for the week improved from Friday as the benchmark GSE Composite Index (GSE-CI) gained 23.49 points to close trading at 2,994.49 translating into a YTD return of 54.23%.

The GSE Financial Stock Index (GSE-FSI) however remained flat to close trading at 2,073.46 translating into a YTD return of 16.31%. 

Scancom PLC (MTNGH) appreciated in price by GH¢0.02 to close trading at a  new record high of GH¢1.32, translating into a YTD return of 106.25%.

Read: 2022 budget will focus on recovery from Covid pandemic – Finance Ministry

Market capitalization, therefore, increased by GH¢245.81 million to close trading at  GH¢65.63 billion representing a growth of 20.70% in 2021. 

A total of 2,327,568 shares valued at GH¢3,111,171.07 was traded in nine (9)  equities as MTNGh recorded the lion’s share of trades, accounting for 97.93%  of the total value traded.

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Daily Equity Market Report_15.11.2021 by Fuaad Dodoo on Scribd

Tags: ghanaGhana stock market maintains upward rally; posts YTD returns of 54.23%GSE Composite Index (GSE-CI)GSE Financial Stock Index (GSE-FSI)
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