GSE continues bullish run as benchmark index gains 98 points, YTD returns rise to 21.51%
The local bourse continued its bullish run as the GSE-Composite Index advanced by 3.45% while the GSE-Financial Stocks Index increased by 0.69% over the week, bringing their respective year-to-date performances to 21.51% and -16.44%.
There was a GH¢1,069.40 million jump in market capitalization from the previous week, seeing it settle at
GH¢72.00 billion.
This week, a total of twenty-four (24) equities were traded with GGBL, TOTAL, MTNGH, SOGEGH and CAL posting gains of GH¢0.23, GH¢0.10, GH¢0.07, GH¢0.06 and GH¢0.04 and closing at GH¢2.55, GH¢6.80, GH¢1.43, GH¢0.73 and GH¢0.64 respectively.
NewGold ETF (GLD) posted a loss of GH¢2.30 to close at GH¢218.90. A total of 4,897,980 shares cumulating to a value of GH¢ 8,419,861.25 were traded during the week, a steep rise in market activity compared to the previous week.
Volume traded and value traded advanced by 1036.27% and 2316.26% respectively week-on-week. Scancom PLC. (MTNGH) traded the most volumes this week, totaling ¢4,301,042.99 in traded value and constituting 51.08% of the week’s total traded value.
