Fall in benchmark GSE-CI continues; returns to traders on the stock market now 46.38%
The benchmark GSE Composite Index (GSE-CI) at the close of the week under review dropped further by 17.50 points to close at 2,842.07 points translating into a YTD return of 46.38%.
On Wednesday – the previous trading day – the GSE-CI declined by 23.49 points to close trading at 2,843.27 points representing a YTD return of 46.44% and causing the market capitalization of the local bourse to decrease by GHS 229.41 million to close trading at GHS 64.23 billion.
The decline in the benchmark GSE-CI on Thursday, was as a result of loses made by four (4) equities during the week. The equities that declined in price were; MTN Ghana, CAL Bank, Access Bank and the Cocoa Processing Company (CPC).
GAINERS & DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | Y-t-D Change |
| ETI | 0.09 | 0.08 | 12.50% | 12.50% |
| MTNGH | 1.18 | 1.20 | -1.67% | 84.38% |
| CAL | 0.85 | 0.87 | -2.30% | 23.19% |
| ACESS | 3.15 | 4.39 | -28.25% | -28.25% |
| CPC | 0.02 | 0.03 | -33.33% | -33.33% |
The GSE Financial Stock Index (GSE-FSI) however gained 10.88 points to close at 2,089.21 points translating into a YTD return of 17.19%.
The market capitalization at the close of the week decreased by GHS 1.26 million to close trading at GHS 64.21 billion representing a growth of 18.11 % in 2021.
Overall, a total of 10.24 million shares valued at GHS 1.34 million were traded; a decrease of 87.91% in volumes traded and 90.41 % in values traded as compared to the previous week.
MTNGh recorded the most trades, accounting for 81.4% of the total value traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 910,240 | 1,091,462 |
| ETI | 223,486 | 20,114 |
| CAL | 53,609 | 46,300 |
| GOIL | 32,161 | 58,533 |
| EGH | 6,072 | 47,362 |
Examine details of equity report below:
Weekly Capital Market Report Week Ending 02.12.2021 2021-12-02 by Fuaad Dodoo on Scribd
