GSE: Five equity decliners cause local bourse’s market value to fall by Ghs 627m
Market value of the local bourse at the close of last week fell by GH¢627.76 million to close trading at GH¢64.22billion.
The fall in market value represents a year-to-date growth of 18.11 % in 2021.
The decline in the market value of the Accra bourse was reflected by the 59.99 points and 0.59 points drop in the benchmark GSE Composite Index (GSE-CI) and GSE Financial Stock Index (GSE-FSI) respectively.
The GSE-CI and GSE-FSI dropped to close last week’s trading activities at 2,859.57 and 2,078.33 points translating into year-to-date returns of 47.28% and 16.58% respectively.
The fall in the GSE-CI and GSE-FSI indices and subsequently the market value of the local bourse was on the account of recorded decline in the share prices of five equities namely; Ecobank Ghana, TOTAL, FanMilk Ghana, MTN Ghana and Guinness Ghana.
GAINERS & DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | Y-t-D Change |
| EGH | 7.80 | 7.81 | -0.13% | 8.33% |
| TOTAL | 5.49 | 5.50 | -0.18% | 93.99% |
| GGBL | 1.80 | 1.81 | -0.55% | 100.00% |
| FML | 4.00 | 4.05 | -1.23% | 270.37% |
| MTNGH | 1.20 | 1.25 | -4.00% | 87.50% |
Leading the pack, MTNGh at the end of trading last week emerged the most traded stock accounting for 83.9% of the total value traded.
A total of 10.29 million shares valued at GH¢13.98 million traded; a decrease of 6.66% in volumes traded and 7.22% in values traded as compared to the previous week.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 9,658,394 | 11,745,580 |
| FML | 330,700 | 1,324,994 |
| GCB | 123,584 | 648,816 |
| CAL | 59,935 | 52,143 |
| SOGEGH | 55,990 | 67,188 |
Read details of equity report by SIC Brokerage:
Weekly Capital Market Report_week Ending 26.11.2021 by Fuaad Dodoo on Scribd
