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Home Business Markets

Ghana Stock Exchange ends the week flat

6 years ago
in Markets
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At the end of the last trading session on the Ghana Stock Exchange for the week ending 27th November, 2020, the major indices remained unchanged with the GSE-Composite Index at 1,806.94 points and still records a week loss of 0.82% and a year-to-date return of -19.95%.

The GSE-Financial Stock Index closed at its opening level of 1,622.81 points, a four week loss of 1.72% and a year-to-date decline of 19.65%.

The market closed with seven listed equities participating in trade and it saw a total of 87,328 shares exchanged hands at a market value of GHS 53,141.42.

MTN Ghana recorded the highest volumes of shares on the market with 72,800 shares trading at GHS 43,680. It has since lost 1.64% in the last one month and added 1.69% in three months to investors’ capital.

Beginning the year at GHS 0.70 per share, MTN Ghana has so far lost 14.29% to investors. CAL Bank followed with a worth of GHS 5,658 shares trading at GHS 0.69 per share.

Intravenous Infusions Limited (IIL) on the Ghana Alternative Market (GAX) changed 4,500 at GHS 0.05 per share.

Ecobank Transnational Incorporated (ETI) and Standard Chartered Bank (SCB) traded 1,000 and 150 shares each. However, SCB closed the day as the third most traded equity in value with GHS 2,267.00 shares trading.

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Ghana’s Fixed-Income Market Posts 958 million in Volume, But Activity Remains Concentrated

Four Gainers, Seven Decliners as Selective Selling Weighs On GSE

The market capitalization also maintained its value at GHS 52.96 billion at the back of no equities moving on their opening share quotes.

Source: Bertha Atubiga / Market Analyst
Via: norvanreports
Tags: GSEGSE-CIGSE-FImarket capitalizationvolumes of shares traded
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