GSE: CAL Bank post -13.79% YTD returns on share price
Shares of CAL Bank since the beginning of the year to date has recorded returns of -13.79% for investors trading the equity on the local bourse.
The -13.79% YTD returns recorded in the listed equities of the financial institution imply that, the bank’s share price in terms of value, has declined by some 13.79%.
At the close of trading on Thursday, July 21, share price of CAL Bank declined by 5 pesewas causing its YTD loss or negative returns on share price to reach the current -13.79%
DECLINER
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change (GH¢) | YTD Change |
| CAL | 0.75 | 0.80 | -0.05 | -13.79% |
The bank’s YTD loss of 13.79% in its share price is marginally higher than the local bourse’ overall 12.51% YTD loss in shares prices.
Trading activities on the bourse for Thursday, July 21, indicate that the benchmark index (GSE-Composite Index) of the Ghana Stock Exchange (GSE) on a second day running was down by 2.71 points to close trading at 2,440.50 points representing a YTD return of -12.51%.
The GSE Financial Stock Index (GSE-FSI) also inched down by 5.44 points to close trading at 2,115.61points translating into a YTD return of -1.68%.
Nine (9) equities traded, ending with one (1) decliner. Cal Bank PLC. (CAL) was the sole decliner as it lost 5 pesewas to close trading at GHS 0.75.
Market capitalization for the day [Thursday] settled at GHS 63.48 billion.
A total of 973,591 shares valued at GH¢816,885.31 was traded on the day. Compared with the previous GSE trading day (July 20), Thursday’s data shows a4.96% decline in volume traded and 9.59% decline in trade turnover.
Scancom PLC. (MTNGH) accounted for 79.96% of the total value traded and recorded the largest volumes traded.
Daily Equity Market Report_21.07.2022 by Fuaad Dodoo on Scribd
