Stock market slips 94 points; posts -15.18% YTD returns
Market activity for the week declined slightly by 94.55 points to close at 2,365.89 points translating into a YTD return of -15.18%.
The GSE Financial Stock Index (GSE-FSI) however maintained its level to close at 2,068.16 points translating into a YTD return of -3.89%.
Twenty-Three (23) equities traded over the week, ending with two (2) gainers and two (2) decliners.
GLD and BOPP were the gainers as they gained GH¢53.50 and GH¢0.01 to close trading at GH¢245.10 and GH¢6.91 respectively.
GOIL and MTNGH were the decliners as they shed off GH¢0.01 and GH¢0.08 to close trading at GH¢1.76 and GH¢0.80 respectively.
GAINERS AND DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Price Change | Y-t-D Change |
| GLD | 245.10 | 191.60 | 53.50 | 125.69% |
| BOPP | 6.91 | 6.90 | 0.01 | 3.91% |
| GOIL | 1.76 | 1.77 | -0.01 | -3.30% |
| MTNGH | 0.80 | 0.88 | -0.08 | -27.93% |
As a result, market capitalization declined by GH¢831.66 million to close the trading week at GH¢63.65 billion.
A total of 550,652 shares valued at GH¢20,555,072.32 were traded during the week.
Compared with the previous trading week, this week’s data shows an 84.47% decrease in volume traded and a 65.52% decrease in trade turnover.
Scancom PLC. (MTNGH) emerged as the most traded stock at the close of trading session, accounting for 65.10% of overall trade volume, whilst NewGold (GLD) accounted for 96.99% of the total value traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 358,470 | 291,466.10 |
| GLD | 92,500 | 19,937,057.00 |
| BOPP | 26,479 | 182,925.10 |
| CAL | 19,771 | 15,816.80 |
| TOTAL | 14,292 | 57,168.00 |
