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GSE market capitalisation falls to GHS 63.7bn

3 years ago
in Business, Editor's pick, highlights, Home, home-news, latest News, Markets, Reports, Sec/Gse
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GSE market capitalisation falls to GHS 63.7bn

Market value of the Ghana Stock Exchange (GSE) fell to GHS 63.7 billion at the end of trading session on Thursday, February 3, 2021.

The decline in market value by some GHS 118.24 million was the result of a 0.92% share price loss in the stock of MTNGH.

MTNGH recorded a price drop for a second day running to close at GHS 1.08 representing a loss of 1 Ghana Pesewa in its share price.

The fall in the GSE market value represents a year-to-date decline of 1.20% since the beginning of 2022.

The GSE Composite Index (GSE-CI) dropped 11.75 points on the day to close at 2,729.36 representing a YTD return of-2.15%.

Read: BoG Governor lauds Republic Bank for significant growth in assets and deposits

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The GSE Financial Stock Index (GSE-FSI) maintained its value at 2,127.91 points, making it a YTD loss of 1.11% on the back of stable price in ETI, GCB, CAL and RBGH as they closed at GHS 0.13, GHS 5.20, GHS 0.80 and GHS 0.60 respectively.

A total of 2,652,220 shares valued at GHS 2,871,066.15 were traded in ten (10) equities, an increase of 20.81% and 12.68% in volumes and values traded  respectively with MTNGH recording the largest share of trades as it accounted for 99.20% and 99.43% of the total value and total volume traded respectively. 

TOP TRADED EQUITIES 

Ticker Volume Value (GH¢)
MTNGH 2,637,208 2,848,202.20
ETI 10,455 1,359.15
GCB 2,859 14,866.80
CAL 812 649.60
RBGH 254 152.40

Peruse equity market report below:

Daily Equity Market Report_03.02.2022 by Fuaad Dodoo on Scribd

Source: norvanreports
Tags: Ghana Stock Exchange (GSE)GSE market capitalisation falls to GHS 63.7bnMTNGh
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