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GSE: Financial Stock Index remains flat for five consecutive trading days

4 years ago
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GSE: Financial Stock Index remains flat for five consecutive trading days

The Ghana Stock Exchange Financial Stock Index (GSE-FSI) continued to stay flat for the fifth trading day in a row to close trading on Monday at 2,078.33 points translating into a year-to-date [YTD] return of 16.58%. 

The benchmark GSE Composite Index (GSE-CI) also flattened recording no change in prices of listed stocks to close trading at 2,859.57 points and representing a YTD return of 47.28%.

Market capitalization of the GSE on the back of the flattening of the two indices remained unchanged, closing at GHS 64.22 billion and representing a growth of 18.11% in 2021. 

The GSE-FSI measures the performance of listed stocks of financial firms or companies such as banks on the stock market.

Read: Bloomberg pegs Cedi depreciation at 4.05%

Despite the flattening of the GSE-FSI, Cal Bank emerged the top traded equity at the close of trading activities on Monday accounting for 99.2% and 98.5% of the total value and total volume traded respectively. 

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TOP TRADED EQUITIES 

Ticker Volume Value (GH¢)
CAL 21,846 19,006.02
FML 25 100.00
UNIL 5 29.45
GCB 1 5.25

Overall, a total of 21,877 shares valued at GHS 19,140.72 was traded in four(4) equities, a sharp decrease compared to Friday’s volume of 307,688 shares valued at  GHS 982,417.70

Examine details of equity report by SIC Brokerage below:

DAILY_EQUITY_MARKET_REPORT_29.11.2021_2021-11-29 by Fuaad Dodoo on Scribd

Tags: ghanaGSE-CIGSE-FSIGSE: Financial Stock Index remains flat for five consecutive trading days
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