GSE benchmark index falls by 31.88 points; posts YTD returns of 10.13 for traders
Benchmark index of the Ghana Stock Exchange (GSE), the GSE Composite Index on Wednesday, declined by 31.88 points.
The GSE-Composite Index closed trading on Wednesday with 2,506.65 points which translates into a YTD return of negative 10.13% on share prices for traders on the local bourse.
The negative 10.13% YTD return on share prices of equities for investors or traders on the local bourse imply that, since the beginning of this year to date, the value of share prices of equities on the local bourse have declined or fallen by 10.13%.
For the GSE Financial Stock Index, the index maintained its value to close trading at 2,163.03 points on Wednesday, translating into a YTD return of 0.52% on financial equities for investors or traders on the bourse.
Contributing to the 31.88 points loss in the GSE-Composite Index is the loss in share prices of two equities traded on Wednesday.
MTNGhana and Exchange Traded Fund (ETF) NewGold, lost GHS 0.03 and GHS 5.20 in share prices to close trading at GHS 0.87 and GHS 137.80 respectively.
DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change (GH¢) | YTD Change |
| MTNGH | 0.87 | 0.90 | -0.03 | -21.62% |
| GLD | 137.80 | 143.00 | -5.20 | 26.89% |
Hence, market capitalisation of the GSE for the day settled at GHS 64.24bn.
A total of 10,294,610 shares valued at GHS 8,961,496.21 was traded on Wednesday. Compared with the previous GSE trading day (July 12), Wednesday’s data shows a 2018.64% improvement in volume traded and 1912.17% improvement in trade turnover.
Scancom PLC. (MTNGH) accounted for 99.57% of the total value traded and recorded the largest volumes traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 10,254,462 | 8,922,862.41 |
| SIC | 22,968 | 7,349.76 |
| ETI | 9,814 | 1,570.24 |
| CAL | 4,939 | 3,951.20 |
| BOPP | 1,276 | 7,656.00 |
Daily Equity Market Report_13.07.2022 by Fuaad Dodoo on Scribd
