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GSE: Benchmark index declines to close at 3,049 points on Monday

2 years ago
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GSE: Benchmark index declines to close at 3,049 points on Monday

The Ghana Stock Exchange’s benchmark index, the GSE-Composite Index, experienced a marginal decline of 0.29 points, concluding at 3,049.56 points. Regarding year-to-date performance, the index showed growth of 25.58%.

In contrast, the Financial Stocks Index saw a modest gain of 0.82 points, closing at 1,696.19 points, with a year-to-date return of -17.36%.

Price movements among key stocks displayed a mixed pattern. SIC and SOGEGH recorded gains of GH¢0.02 and GH¢0.01, settling at GH¢0.24 and GH¢1.00 respectively.

Conversely, CAL and GOIL saw declines of GH¢0.01 and GH¢0.02, leading to closing prices of GH¢0.61 and GH¢1.58.

The total market capitalization witnessed a decrease, contracting by GH¢3.10 million to reach GH¢73.08 billion.

Trading activity on the exchange involved 55,596 shares valued at GH¢55,988.56, with sixteen (16) stocks being traded.

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Notably, both volume and value traded declined significantly by 86.41% and 95.53% respectively compared to the previous trading day.

Selective participation characterized the trading session as SIC’s trading activity involved 20,000 shares valued at GH¢4,800, accounting for 8.60% of the total value traded.

ETI trades constituted 3.30% of the total turnover. Meanwhile, TOTAL recorded the lowest trades among the top 5 traded equities.

Tags: 049 points on MondayGSE: Benchmark index declines to close at 3SICSOGEGHTotal
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