GSE: MTN dominates trading activity; SIC, CAL Bank emerge gainers on bourse
Scancom Plc (MTNGH) over the week dominated trading activities on the Ghana Stock Exchange (GSE) accounting for 97.82% of total value traded.
MTNGH accounted for 82 million and GHS 86 million of the 83 million shares valued at GHS 88 million traded last week.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 82,029,772 | 86,951,498.32 |
| CAL | 227,918 | 195,945.46 |
| EGL | 221,843 | 732,081.90 |
| SOGEGH | 178,921 | 212,915.99 |
| ETI | 174,659 | 29,692.03 |
Despite recording the highest volume and value of shares traded on the Exchange, MTN failed to gain in share price.
SIC and CAL Bank on the other hand, emerged the gainers on the Exchange with each recording 0.01% increase in share price.
SIC begun the week with an open price of 21 pesewas and ended the week with a closing price of 22 pesewas.
For CAL Bank, it ended the week with a closing price of 86 pesewas from an opening price of 85 pesewas.
GAINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Price Change | Y-t-D Change |
| SIC | 0.22 | 0.21 | 0.01 | 175.00% |
| CAL | 0.86 | 0.85 | 0.01 | -1.15% |
On the back of the share price gains in SIC and CAL Bank, market activity for the week improved compared to previous week as the benchmark GSE Composite Index (GSE-CI) moved up by 0.79 points to close at 2,742.85 translating into a YTD return of-1.67%.
The GSE Financial Stock Index (GSE-FSI) also increased by 1.43 points to close the week at 2,174.96 translating into a YTD return of 1.07%.
Market capitalization subsequently increased by GH¢8.22 million to close the trading week at GH¢64.03 billion.
Peruse equity report below:
Weekly Capital Market Report_week Ending 01.04.2022 by Fuaad Dodoo on Scribd
