GSE: ETI gains 7.14% in share price
Ecobank Transnational Incorporation (ETI), parent company of Ecobank Ghana, posted a 7.14 percentage points increment in share price on the stock market on Thursday, March 10, 2022.
The equity begun trading session with an opening stock price of GHS 0.14 and ended trading session with a closing stock price of GHS 0.15 on the back of the 7.14% share price increase.
ETI was the sole gainer on the stock market.
Emerging as the sole decliner on the exchange was CAL Bank which recorded a 1.18% loss in share price.
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The bank’s share price fell from an opening stock price of GHS 0.85 to GHS 0.84 at the close of trading.
The fall in the bank’s equity, represents a 3.45% year-to-date fall in the price of its shares.
GAINER & DECLINER
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | YTD Change |
| ETI | 0.15 | 0.14 | 7.14% | 7.14% |
| CAL | 0.84 | 0.85 | -1.18% | -3.45% |
Meanwhile, the benchmark GSE Composite Index (GSE-CI) gained 6.59 points to close at 2,744.74 on the day representing a YTD return of -1.60%.
The GSE Financial Stock Index (GSE-FSI) also improved its level as it gained 11.97 points to close trading at 2,142.67 translating into a YTD return of -0.43%. In the aggregate, thirteen (13) equities participated in trading.
A total of 364,808 shares valued at GH¢413,676.90 were traded compared to 541,830 shares valued at GH¢313,986.49 which changed hands yesterday, 9th March, 2022.
Ecobank Transnational Inc. (ETI) traded the most volumes while Standard Chartered Bank Ghana PLC. (SCB) accounted for 26.32% of the total value traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| ETI | 111,706 | 16,755.90 |
| SIC | 80,000 | 14,400.00 |
| CAL | 60,271 | 50,627.64 |
| MTNGH | 54,854 | 59,242.32 |
| EGL | 29,720 | 98,076.00 |
Read equity report below:
Daily Equity Market Report_10.03.2022 by Fuaad Dodoo on Scribd
