Accra Bourse records 194% increase in trade turnover
The local bourse over the week recorded a 194.90% increase in trade turnover.
Total traded value of stocks on the local bourse at the close of trading activities last Friday, September 2, 2022, amounted to GHS 4.9m.
This an increase from the previous week’s total trade value of GHS 1.6m.
Total traded volume over the week also witnessed a 89.42% increment from the previous week’s total traded volume of 1,944,061 to last week’s 3,682,515.
Over the week, twenty-three (23) equities traded on the stock market, ending with five (5) gainers and two (2) decliners.
Access, EGH, TOTAL, SOGEGH, and ETI were the gainers as they gained GH¢0.60, GH¢0.26, GH¢0.18, GH¢0.09 and GH¢0.02 to close at GH¢3.63, GH¢6.76, GH¢4.18, GH¢1.09 and GH¢0.15 respectively.
UNIL and GLD were the decliners as they lost GH¢0.58 and GH¢1.00 to close trading at GH¢5.31 and GH¢170.00 respectively.
GAINERS & DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Price Change | Y-t-D Change |
| ACCESS | 3.63 | 3.03 | 0.60 | 15.24% |
| EGH | 6.76 | 6.50 | 0.26 | -11.05% |
| TOTAL | 4.18 | 4.00 | 0.18 | -16.73% |
| SOGEGH | 1.09 | 1.00 | 0.09 | -9.17% |
| ETI | 0.15 | 0.13 | 0.02 | 7.14% |
| UNIL | 5.31 | 5.89 | -0.58 | -9.85% |
| GLD | 170.00 | 171.00 | -1.00 | 56.54% |
In view of this, the market capitalization of the GSE, increased by GH¢711.82 million to close the trading week at GH¢64.49 billion.
Meanwhile, market activity for the week inched upwards by 32.51 points to close at 2,508.99 points translating into a YTD return of -10.05%.
The GSE Financial Stock Index (GSE-FSI) also gained 61.69 points to close at 2,079.94 points translating into a YTD return of -3.34%.
Peruse report below:
Weekly Capital Market Report_week Ending 02.09.2022 by Fuaad Dodoo on Scribd
