FanMilk beats MTN to post best YTD stock performance on the local bourse
The benchmark GSE Composite Index (GSE-CI) gained 8.77 points to close at 2,804.70 translating into a YTD return of 44.45%.
Also, the GSE Financial Stock Index (GSE-FSI) appreciated by 12.31 points to close at 1,994.86 translating into a YTD return of 11.90%.
FanMilk Plc (FML) gained GH¢0.18 pesewas to close at GH¢2.10 translating into a YTD return of 94.44%, outperforming Scancom PLC (MTNGH) which has been the best performing stock for most part of the year.
The bourse’s market capitalization subsequently increased by GH¢91.83 million to close trading at GH¢63.64 billion representing a YTD growth of 17.04% in 2021.
A total of 2,599,524 shares valued at GH¢2,061,604.48 were traded at the close of Monday’s session, an increase compared to the previous trading session with CAL Bank (CAL) recording the lion’s share of trades as it accounted for 89.2% of the total value traded.
Read details of daily equity report by SIC Brokerage:
Daily Equity Market Report_20.09.2021 by Fuaad Dodoo on Scribd
