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CAL Bank emerge sole gainer on the stock market

4 years ago
in Business, Editor's pick, Home, home-news, latest News, Markets
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CAL Bank at the end of trading session on Thursday, November 4, 2021, emerged as the sole gainer on the stock market.

The financial institution recorded a 2.63 percentage points increase in its share price closing the day with a share price of Ghs 0.78 pesewas from an opening price of Ghs 0.76 pesewas.

GCB despite recording the most trades and accounting for 95.5% of the total value traded, witnessed a decline in its share price.

The bank’s share price declined by 2.23 percent.

The second decliner on the stock market for Thursday, was FanMilk whose shares fell by 10 percent.

GAINER & DECLINERS 

Ticker Close Price  (GH¢)Open Price  (GH¢)Change YTD  Change
CAL 0.78 0.76 2.63% 13.04%
GCB 5.25 5.37 -2.23% 29.63%
FML 4.05 4.50 -10.00% 275.00%

At the close of trading, the benchmark GSE Composite index (GSE-CI)  decreased by 6.84 points to close trading at 2,929.75, representing a YTD  return of 50.89%

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This is as a result of price declines recorded by Fan Milk PLC. (FML) and GCBBank PLC.(GCB) respectively. 

The GSE Financial Stock Index (GSE-FSI) also dipped by 3.34 points to close at 2,079.08 also representing a YTD return of 16.62%.  

Market capitalization of the stock market thus decreased by GH¢71.56 million to close trading at  GH¢64.9 billion representing a growth of 19.46% in 2021.

A total of 1,055,886 shares valued at GH¢ 4,674,433.46 traded among fifteen (15) equities, compared to 664,830 shares valued at GH¢ 853,025.40 which traded the previous day.

Read details of equity report by SIC Brokerage:

Daily Equity Market Report_04.11.2021 by Fuaad Dodoo on Scribd

Source: norvanreports
Tags: CAL Bank emerge sole gainer on the stock marketCOVID-19 pandemicghana
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