• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Banking & Finance

GSE market capitalisation declines by Ghs 16.13 million

4 years ago
in Banking & Finance, Business, Editor's pick, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
GSE - norvanreports

GSE - norvanreports

82
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

GSE market capitalisation declines by Ghs 16.13 million

Market capitalization of the Ghana Stock Exchange (GSE) declined by GH¢ 16.13 million to close trading at GH¢ 63.45 billion representing a YTD growth of 16.70%.

The drop in the local bourse’s market capitalisation was on the back of the decline in stocks of GCB Bank (GCB) and Standard Chartered Bank (SCB).

The price decline in GCB and SCB stocks resulted in the bourse closing in the red.

GCB closed at GH¢ 5.38 representing 0.19% drop while SCB lost 10 pesewas to close at  GH¢ 18.50.

Read: Boeing projects a rosy future of growth

Due to this, the benchmark GSE Composite Index (GSE-CI) lost 1.54 points to close at 2,787.03 translating into a YTD return of 43.54%.

RelatedPosts

Foreign Capital Inflows Into Banking Sector Hit Five-Year High in 2024

Electricity is Getting Cheaper Across Africa

Summary of Events Following Confirmation of Deaths of Defence and Environment Ministers, Six Others in Military Helicopter Crash

Also, the GSE Financial Stock Index (GSE-FSI) slipped by 2.80 points to close at  1,980.43 translating into a YTD return of 10.93%. 

Meanwhile, trade volume and value went down from previous trading session by  86.83% and 68.62% respectively to 553,045 shares valued at  GH¢ 1,643,053.50.

Seven (7) equities traded with GCB Bank (GCB) recording the lion’s share of trades as it accounted for 74.58% of the total value traded. 

Read details of daily equity report by SIC Brokerage:

Daily Equity Market Report_16.09.2021 by Fuaad Dodoo on Scribd

Continue Reading
Tags: GCB Bank (GCB)ghanaGSE Composite Index (GSE-CI)GSE Financial Stock Index (GSE-FSI)GSE market capitalisation declines by Ghs 16.13 millionStandard Chartered Bank (SCB).

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.