GOIL leads equities on the stock market
Ghana Oil Company Limited (GOIL) at the end of Monday’s trading session emerged as the most traded equity on the local bourse in terms of both value and volume traded.
GOIL recorded the lion’s share of trades, accounting for 57.9% (Ghs 1.36 million) of the total value and 63.6% (802,000) of the total volume traded.
Following GOIL as the second most traded equity on the Ghana Stock Exchange (GSE) on Monday, was Scancom Plc (MTNGh).
MTNGh ended the day’s trading session with a total value and volume traded of Ghs 383 million and 319,886 respectively.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| GOIL | 802,000 | 1,363,400.00 |
| MTNGH | 319,886 | 383,863.20 |
| GCB | 58,863 | 316,094.31 |
| CAL | 52,076 | 39,577.76 |
| BOPP | 10,000 | 44,000.00 |
In all, a total of 1,262,036 shares valued at Ghs 2,355,281.50 exchanged hands in twelve (12) equities compared to the total of 31,726,618 shares valued at Ghs 3,980,040.23 which traded on Friday.
The market capitalization of the local bourse inched up by Ghs 25.56 million to close trading at Ghs 64.13 billion representing a growth of 17.96% in 2021. The increment in the bourse’s market cap is on the back of gains recorded in the indices of the stock market.
The benchmark GSE Composite index (GSE-CI) at the close of the day increased by 2.40 points to close trading at 2,851.71 which translates into a YTD return of 46.88%.
The GSE Financial Stock Index (GSE-FSI) also gained 4.43 points to close at 2,074.43 translating into a YTD return of 16.36%, this is as a result of price appreciation made by Republic Bank PLC. (RBGH) which gained Ghs 0.03 to close trading at Ghs 0.55.
Read details of equity report by SIC Brokerage below:
DAILY_EQUITY_MARKET_REPORT_25.10.2021_2021-10-25 by Fuaad Dodoo on Scribd
