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GSE records 224% decline in volume traded for last week

3 years ago
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GSE records 224% increase in volume traded for last week

The local bourse over the week recorded a 224.8% increase in volume traded.

Total traded volume of stocks on the local bourse at the close of trading activities last Friday, November 18, 2022, was 1,665,534.

The previous week’s total traded volume of stocks was 512,787.

Regarding the value of traded stocks, the local bourse last week recorded a 248.99% increase in trade turnover.

Total traded value of stocks at the close of trading activities last Friday, amounted to GHS 30,434,719.

This is an increase from the previous week’s total traded value of GHS 8,720,701.

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Over the week, twenty-three (23) equities traded ending with three (3) gainers.
The best performers of this week’s session on the GSE were NewGold (GLD), Trust Bank Gambia Ltd. (TBL) and Scancom PLC. (MTNGH).
They gained GHS 4.40, GHS 0.08 and GH¢0.01 to close trading at GHS 265.80, GHS 0.68 and GHS 0.88 respectively.

GAINERS

Ticker Close Price  

(GH¢)

Open Price  (GH¢)Price  

Change

Y-t-D  

Change

GLD 265.80 261.40 4.40 144.75%
TBL 0.68 0.60 0.08 100.00%
MTNGH 0.88 0.87 0.01 -20.72%
Market capitalization of the GSE closed at GHS 64.84 billion at the end of the trading week.
MTNGH at the close of the week, emerged as the most traded stock during the week, accounting for 87.55% of overall trade volume, whilst GLD accounted for 95.29% of the total value traded.

TOP TRADED EQUITIES 

Ticker Volume Value (GH¢)
MTNGH 1,458,141 1,282,503.81
GLD 109,107 29,000,943.60
ETI 51,952 7,792.80
BOPP 10,675 73,764.25
TBL 8,000 5,380.00
Meanwhile, the Ghana Stock Exchange Composite Index (GSE-CI) rose by 13.31 points to close at 2,462.80 points translating into a YTD return of -11.71%, while the GSE Financial Stock Index (GSE-FSI) climbed 2.78 points to close at 2,074.41 points translating into a YTD return of -3.60%.
Source: norvanreports
Tags: GSEGSE records 224% increase in volume traded for last weekGSE-CIGSE-FSI
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