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GSE-CI falls by 10.31 points to end the week at 3,441 points 

1 year ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
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GSE-CI falls by 10.31 points to end the week at 3,441 points 

The GSE Composite Index experienced a slight decrease in value from last week (-0.30%), closing at 3,441.65, with
a corresponding decrease in its YTD return, however, remaining positive at 9.95%.

Conversely, the GSE Financial Stock Index saw positive week-on-week (0.17%) and YTD returns (6.14%) GLD and GCB and stood out as top gainers in that order, while CAL extended its declining run with a GH¢ 0.01 fall over the week.

MTN also shed off GH¢0.01 to close at GH¢1.56. The total market value dipped marginally from the previous week closing at GH¢ 77.67 billion as a result.

There was a significant jump in volumes traded, while the value of transactions fell slightly.

MTNGH emerged as the most traded stock in volume and value terms this week with the highest volume and substantial value traded.

This is chiefly attributable to dividend-seeking investors exiting their positions after its dividends were paid this week, indicative of the price fall from excess offers during the week.

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