Stock market records -8.52% YTD returns on share prices for investors
The Local bourse has since the beginning of this year – 2022 – posted negative returns on share prices (capital loss) for investors.
The benchmark index (GSE-CI) which measures the price performance of stocks on the exchange, at the close of last week, posted year-to-date returns of -8.52% for investors.
Market activity for the week increased marginally by 0.76 points to close at 2,551.74 points.
The GSE Financial Stock Index (GSE-FSI) also gained 1.39 points to close the week at 2,187.03 translating into a YTD return of 1.63%.
Twenty (20) equities traded over the week, ending with only one (1) gainer.
Trust Bank Gambia Ltd. (TBL) was the sole gainer as it gained GH¢0.04 to close at GH¢0.44 representing a YTD return of 29.41%.
GAINER
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Price Change | Y-t-D Change |
| TBL | 0.44 | 0.40 | 0.04 | 29.41% |
Market capitalization of the GSE decreased by GH¢8.00 million to close the trading week at GH¢62.24 billion.
Meanwhile, a total of 2.43 million shares valued at GH¢2.17 million traded during the week compared to 10.55 million shares valued at GH¢9.57 million which traded the previous week.
Compared with the previous trading week, this week’s data shows a 76.97% decline in volume traded and 77.28% decline in trade turnover.
MTNGH recorded lion’s share of trades as it recorded the most volumes and accounted for 88.65% of the total value traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 2,153,988 | 1,938,589.20 |
| CAL | 187,965 | 150,372.00 |
| SOGEGH | 40,368 | 48,037.92 |
| SIC | 15,057 | 4,517.10 |
| CPC | 11,179 | 223.58 |
Details of the equity market report:
Weekly Capital Market Report_week Ending 10.06.2022 by Fuaad Dodoo on Scribd
