GSE-CI ends August in the green; returns 41.66% to investors
The month of August closed on a high for the equity market as the benchmark GSE Composite Index (GSE-CI) gained 1.11 points to close at 2,750.37 representing YTD return of 41.66%.
This is due to price appreciation in FanMilk as the stock gained GH¢0.10 to close at GH¢1.60 representing YTD return of 48.15% with market capitalization now hitting a new year-high of GH¢62.9 billion representing a growth of 15.69%YTD.
The GSE Financial Stock Index (GSE-FSI) however remained flat at 1,929.19 which translates into YTD return of 8.21%.
752,717 shares valued at GH¢929,687.50 were traded compared to Monday’s turnover of GH¢556,879.68 as twelve (12) equities changed hands.
MTNGh recorded the lion’s share of trades in both volume and value as it accounted for 85.91%ofthe total value traded.
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Details of the Daily Equity Market report of SIC Brokerage:
Daily Equity Market Report_31.08.2021 by Fuaad Dodoo on Scribd
