GCB, MAC emerge decliners on the stock exchange
Sixteen (16) equities traded on the Accra bourse, ending with two decliners.
The two decliners were GCB and Mega African Capital Limited (MAC) that lost GHS 0.05 and GHS 0.01 to close trading at GHS 4 and GHS 5.38 respectively.
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change (GH¢) | YTD Change |
| GCB | 4.00 | 4.05 | -0.05 | -23.66% |
| MAC | 5.38 | 5.39 | -0.01 | -0.19% |
The market capitalization of the stock exchange settled at GHS 64.48 billion.
A total of 648,722 shares valued at GHS 848,097.63 was traded on Wednesday.
Compared with the previous GSE trading day (September 13), Wednesday’s data shows a 33.96% decrease in volume traded and a 19.56% increase in trade turnover.
Enterprise Group Limited. (EGL) accounted for 43.42% of the total value traded whilst Cal Bank recorded the largest volumes traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| CAL | 397,213 | 293,937.62 |
| EGL | 115,071 | 368,227.20 |
| SIC | 87,803 | 28,974.99 |
| MAC | 19,034 | 102,402.92 |
| MTNGH | 11,872 | 10,803.52 |
Meanwhile, the benchmark index (GSE-Composite Index) of the Ghana Stock Exchange (GSE) dropped for the third day running by 1.28 points to close trading at 2,500.41 points representing a YTD return of -10.36%.
The GSE Financial Stock Index (GSE-FSI) also dropped by 2.30 points to close trading at 2,074.73 points translating into a YTD return of -3.58%.
Daily Equity Market Report_14.09.2022 by Fuaad Dodoo on Scribd
