GSE-CI falls as stock prices of CAL, Ecobank and Societe Generale decline
Benchmark index the Ghana Stock Exchange Composite Index (GSE-CI) continued to fall, losing 4.73 points on Thursday to close trading at 2,798.27 points representing a 44.12% YTD return for investors.
The drop in the index is as a result of the 1.18%, 1.67% and 1.17% share price losses recorded by CAL, Societe Generale and Ecobank Ghana respectively on the stock market on Thursday.
The GSE Financial Stock Index (GSE-FSI) also lost 8.59 points to close trading at 2,073.63 points also translating into a YTD return of 16.32% with the price drop in the three (3) financial stocks [CAL Bank, Societe Generale Ghana and Ecobank Ghana] being responsible for the decline.
GAINER & DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | YTD Change |
| CAL | 0.84 | 0.85 | -1.18% | 21.74% |
| SOGEGH | 1.18 | 1.20 | -1.67% | 84.38% |
| EGH | 7.60 | 7.69 | -1.17% | 5.56% |
Subsequently, market capitalization reduced further by GHS 49.48 million to close at GHS 63.76 billion representing a growth of 17.26% in 2021.
Overall, total of 542,567shares valued at GHS 2,638,284.02 was traded in eleven (11) equities, a significant increase in trade turnover compared to Wednesday’s volume of 162,916 shares valued at GHS 236,511.83.
Standard Chartered Bank Ghana PLC (SCB) recorded the largest share of trades, accounting for 81.6% of the total value traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| CAL | 192,470 | 161,674.80 |
| SCB | 106,137 | 2,154,481.10 |
| IIL | 100,000 | 5,000.00 |
| GOIL | 60,500 | 110,110.00 |
| SOGEGH | 25,261 | 29,741.88 |
Peruse details of equity report below:
Daily Equity Market Report_09.12.2021 by Fuaad Dodoo on Scribd
