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GSE ends trading week with 10.67% gain; YTD returns of 41.89%

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GSE ends trading week with 10.67% gain; YTD returns of 41.89%

The Ghana Stock Market at the close of the week chalked 10.67 points to close the week with a YTD return of 41.89%.

This is largely due to the performance of Unilever Ghana PLC. (UNIL) during the week as it gained 60.27% over the week and an impressive 134% in a month.  

Due to this, the benchmark GSE Composite Index (GSE-CI) closed the week at 2,754.92.

The GSE Financial Stock Index (GSE-FSI) also made a  marginal gain of 0.30 points to close the week at 1,909.91 translating into a Year-to-Date (YTD) return of 7.13%. 

Must Read: Interrogate high lending rates by banks – Prez Akufo-Addo charges new BoG Board

Volume traded was 7.26 million shares valued at GH¢10.42 million.

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Nineteen (19) equities changed hands with Scancom PLC. (MTNGH) dominating trading activity, accounting for 76.76% of total value traded as Market Capitalization improved to close the week at GH¢62.78 billion representing a growth of 15.47% for the year. 

Details of the Daily Equity Market report of SIC Brokerage:

Weekly Capital Market Recap Week Ending 20.08.2021 by Fuaad Dodoo on Scribd

Source: norvanreports
Tags: Ghana Stock MarketGSE ends trading week with 10.67% gainGSE-CIGSE-FSIUnilever GhanaYTD returns of 41.89%
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