The stock market at the close of the week dropped 1.29 points to 2,213.29; this represents the Year-to-date return of 13.99%.
The decline was as a result of a 5.88% fall in the price of CAL Bank PLC. (CAL) shares to close at GH¢0.64. Societe Generale Ghana PLC. (SOGEGH) and Total Petroleum PLC. (TOTAL) were the only advancers for the week as they gained 1.35% and 1.29% to close at GH¢0.75 and GH¢3.15 respectively.
A total volume of 1.48 million shares valued at GH¢1.62 million exchanged hands in fifteen (15) equities with Scancom Plc. (MTNGH) recording the most trades.
Find below Universal Merchant Bank’s (UMB) review of Ghana’s financial market for the week ending on April 1, 2021.
Weekly Financial Market Review – Week Ending 01-04-2021 by Fuaad Dodoo on Scribd