GSE records 87.92% decrease in trade turnover
The local bourse over the week recorded a 87.92% decrease in trade turnover.
Total traded value of stocks on the local bourse at the close of trading activities last Friday, September 23, 2022, amounted to GHS 1.4m.
This is a decrease from the previous week’s total traded value of GHS 12m.
Total traded volume over the week also witnessed a 91.82% decrease from the previous week’s total traded volume of 11,666,517 to last week’s 953,819.
Over the week, nineteen equities traded over the week, ending with two gainers and four decliners.
ACCESS and CAL were the gainers as they gained GH¢0.30 and GH¢0.06 to close trading at GH¢4.00 and GH¢0.80 respectively.
SOGEGH, EGH, TOTAL and GCB were the decliners as they lost GH¢0.09,GH¢0.15,GH¢0.18 andGH¢.030to close trading at GH¢1.00, GH¢6.60, GH¢4.00 and GH¢3.70 respectively.
GAINERS AND DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Price Change | Y-t-D Change |
| ACCESS | 4.00 | 3.70 | 0.30 | 26.98% |
| CAL | 0.80 | 0.74 | 0.06 | -8.05% |
| SOGEGH | 1.00 | 1.09 | -0.09 | -16.67% |
| EGH | 6.60 | 6.75 | -0.15 | -13.16% |
| TOTAL | 4.00 | 4.18 | -0.18 | -20.32% |
| GCB | 3.70 | 4.00 | -0.30 | -29.39% |
In view of this, the market capitalization of the GSE, decreased by GH¢122.07 million to close the trading week at GH¢64.28 billion.
Meanwhile, market activity for the week lost 11.69 points to close at 2,488.21 points translating into a YTD return of -10.80%.
The GSE Financial Stock Index (GSE-FSI) also lost 17.69 points to close at 2,055.64 points translating into a YTD return of -4.47%.
Weekly Capital Market Report_week Ending 23.09.2022 by Fuaad Dodoo on Scribd
