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GSE loses 46.98 points; posts YTD returns of -1.68%

4 years ago
in Business, Editor's pick, highlights, Home, home-news, latest News, Markets, Reports, Sec/Gse
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GSE loses 46.98 points; posts YTD returns of -1.68%

Benchmark GSE Composite Index (GSE-CI) at the close of the week lost 46.98 points to close at 2,742.36 points translating into a YTD return of -1.68%.

This follows a rebound of the stock market on Wednesday, January 5, 2022, as the stock exchange gained 11.74 points to close trading at 2,742.36 points.

The stock market on the first trading day of the year – January 4, 2022 – lost 58.72 points to close trading at 2,730.62 points representing a YTD return of -2.11%.

The GSE Financial Stock Index (GSE-FSI) on the other hand remained flat to close the week at 2,151.85 points translating into a YTD return of 0.00%.

Scancom PLC.(MTNGH) at the close of the week shed GH¢0.04 to close at GH¢1.07 causing market capitalization to decrease by GH¢487.71 million over the week to close the opening trading week of the year at GH¢64 billion.

Read: Directive to review data prices came from NCA – MTN

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DECLINERS 

TickerClose Price  (GH¢)Open Price  (GH¢) ChangeY-t-D  Change
MTNGH 1.07 1.11 -3.60% -3.60%

A total of 25.06 million shares valued at GH¢26.52 million traded during the week compared to 5.08 million shares valued at GH¢6.72 million which traded the previous week.

MTNGH recorded the most trades accounting for 99.6% and 99.0% of the total value and volume traded respectively.

TOP TRADED EQUITIES 

Ticker Volume Value (GH¢)
MTNGH 24,814,742 26,420,328
PBC 128,600 3,858
CAL 52,600 45,762
ETI 46,197 6,468
SIC 7,230 578

Examine stock market report below:

Weekly Capital Market Report_week Ending 06.01.2022 by Fuaad Dodoo on Scribd

Tags: ghanaGSEGSE loses 46.98 points; posts YTD returns of -1.68%GSE-CIGSE-FSI
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