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CAL Bank leads equities in volume and value traded on the GSE

4 years ago
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CAL Bank leads equities in volume and value traded on the GSE

CAL Bank Plc (CAL) led equities on the Ghana Stock Exchange (GSE) in both volume and value traded at the end of trading session on Thursday.

The equity accounted for 93.49% and 69.37% of the total volume and total value traded respectively. 

MTNGh which usually leads equities on the local bourse in both volume and value traded, emerged the fourth (4th) best traded equity in both volume and value on Thursday.

The equity’s dominance (MTNGh) seems to have been doused a bit given that it has for the past few weeks lost its lead in volume and value traded on the bourse being overtaken by equities such as Unilever and CAL.

GCB and GGBL with regards to volume and value traded on Thursday, emerged second and third with total volume and value traded of 68,043 and Ghs 366,751; and 10,118 and Ghs 15,177 respectively.

GOIL emerged fifth (5th) place with a total volume and value traded of 2,232 and Ghs 3,459.

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In all, a total volume of 1,325,707 shares valued at GH¢1,286,471.79 was traded among eight (8) equities. 

Meanwhile, the Ghana Stock Market closed higher compared to yesterday’s trading session as the benchmark GSE Composite Index (GSE-CI) gained 0.33 points to close at 2,751.25 translating into a YTD return of 41.70%.

The GSE Financial Stock Index (GSE-FSI) also gained 0.59 points to close at 1,929.78 translating into a YTD return of 8.25%. This is as a result of price appreciation in  Enterprise Group Limited (EGL) as it went up by 0.98% to close at GH¢2.06.  

The bourse’s market capitalization also continues to pierce through new highs as it hit  GH¢62.92 billion, representing a YTD growth of 15.71%.

 

Details of the Daily Equity Market report of SIC Brokerage:

Daily Equity Market Report_02.09.2021 by Fuaad Dodoo on Scribd

Source: norvanreports
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