GSE-FSI returns -1.59% on the back of 9.69% drop in Access Bank share price
The GSE Financial Stock Index (GSE-FSI) dipped to lose 7.55 points to close trading at 2,117.65 points translating into a YTD return of -1.59%.
This was on the back of a 9.69% drop in the stock price of Access Bank.
This further deepens the bank’s year-to-date price loss to 26.03%.
The price loss resulted in the Bank ending trading session with a closing stock price of GHS 2.33 from an opening stock price of GHS 2.58 – this then implies that the equity lost some GHS 0.25 in share price.
Access Bank emerged the sole decliner on the stock market on the back of the price drop.
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | YTD Change |
| ACCESS | 2.33 | 2.58 | -9.69% | -26.03% |
The benchmark GSE Composite Index (GSE-CI) also dropped 4.16 points on the day to close at 2,726.84 representing a YTD return of -2.24%.
Read: Finance Ministry issues 2-year cedi denominated bond
Market capitalisation thus reduced marginally by GHS 43.48million to close at GHS 63.69 billion representing a YTD decline of -1.24%.
In all, a total of 1,107,596shares valued at GH¢1,191,614.28were traded compared to the 115,947 shares valued at GHS 29,228.98 which changed hands yesterday, 9th February, 2022.
MTNGH traded the most, accounting for 93.28% of the total value traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 1,029,211 | 1,111,547.88 |
| POP | 58,744 | 38,183.60 |
| SOGEGH | 10,800 | 12,960.00 |
| GOIL | 5,000 | 9,100.00 |
| EGH | 2,000 | 15,200.00 |
Daily Equity Market Report_10.02.2022 by Fuaad Dodoo on Scribd
