Guinness Ghana and FanMilk push stock market value up by Ghs 89.9 million
Share prices of Guinness Ghana Breweries Limited (GGBL) and FanMilk (FML) gained on the local bourse at the end of Monday’s trading session.
GGBL and FML gained GH¢0.35 pesewas and GH¢0.16 pesewas respectively, pushing the Market Capitalization up by GH¢89.89 million to close trading at GH¢64.29 billion representing a YTD growth of 18.24% in 2021.
Recorded gains in the prices of the two equities resulted in the benchmark GSE Composite Index (GSE-CI) gaining 8.59 points to close trading at 2,866.76 translating into a YTD return of 47.65%.
The GSE Financial Stock Index (GSE-FSI) however flattened to close at 2,055.20 translating into a YTD of15.28%.
In all, 307,295 shares valued at GH¢615,364.94 exchanged hands in eleven (11) equities compared to 4,629,165 shares valued at GH¢4,873,064.72 which was traded on Friday.
Guinness Ghana Breweries Limited (GGBL) recorded the highest trade by value as it accounted for 39.5% of the total value traded.
Read details of daily equity report by SIC Brokerage:
Daily Equity Market Report_04.10.2021 by Fuaad Dodoo on Scribd
