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Gains in MTN and GOIL rallies the stock market upwards; returns 44.87% to investors

4 years ago
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Gains in MTN and GOIL rallies the stock market upwards; returns 44.87% to investors

At the close of trading on Tuesday, the benchmark GSE Composite Index (GSE-CI) gained 109.43 points – the highest daily points gain since June 7 this year – to close trading at 2,812.76 translating into a YTD return of 44.87%.

However, the GSE Financial Stock Index (GSE-FSI) flattened to close at  2,008.97 translating into a YTD return of 12.69%.

MTNGH and GOIL were the only gainers with each gaining GH¢0.09 and GH¢0.10 to close at GH¢1.23 and GH¢1.70 respectively.

Read: AGI President urges members to have good governance systems

Market Capitalization therefore inched up by  GH¢1145.36 million to close trading at GH¢63.7 billion representing a YTD growth of 17.20% in 2021. 

A total of 363,858 shares valued at GH¢499,340.10 exchanged hands in eleven (11) equities at the close of today’s session compared to 8,538,108 shares valued at GH¢11,382,769.56 which was traded on Monday with Scancom PLC (MTNGH) recording the largest share of trades as it accounted for 66.95% of the total value traded. 

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Tags: Bank of Ghana (BoG)BOGCovid-19COVID-19 pandemicGains in MTN and GOIL rallies the stock market upwards; returns 44.87% to investorsghanaGSE-CIGSE-FSINigeria
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