Accra bourse loses GHS 576m in capitalisation as market index slumps by 56 points
Market activity for the week inched downwards by 56.56 points to close at 2,476.48 points translating into a YTD return of -11.22%.
The GSE Financial Stock Index (GSE-FSI) also lost 17.13 points to close at 2,018.25 points translating into a YTD return of -6.21%.
Nineteen (19) equities traded over the week, ending with three (3) decliners. SIC, MTNGH and EGH were the decliners as they lost GH¢0.01, GH¢0.04 and GH¢0.30 respectively to close trading at GH¢0.31, GH¢0.91 and GH¢6.50.
DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Price Change | Y-t-D Change |
| SIC | 0.31 | 0.32 | -0.01 | 287.50% |
| MTNGH | 0.91 | 0.95 | -0.04 | -18.02% |
| EGH | 6.50 | 6.80 | -0.30 | -14.47% |
As a result, market capitalization decreased by GH¢576.28 million to close the trading week at GH¢63.78 billion.
A total of 1,944,061 shares valued at GH¢1,679,680.70 traded during the week. Compared with the previous trading week, this week’s data shows a 130.59% improvement in volume traded and 96.02% decline in trade turnover.
Scancom PLC. (MTNGH) accounted for 52.20% of the total value traded and recorded the most volumes traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 962,894 | 876,781.18 |
| ETI | 358,289 | 47,472.91 |
| SIC | 207,119 | 65,120.95 |
| SOGEGH | 193,038 | 192,995.11 |
| CAL | 143,164 | 108,804.64 |
Weekly Capital Market Report_week Ending 26.08.2022 by Fuaad Dodoo on Scribd
