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GSE: SIC gains for second consecutive day; CAL Bank falls by 3.53%

3 years ago
in Business, Editor's pick, highlights, Home, home-news, latest News, Markets, Reports, Sec/Gse
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GSE: SIC gains for second consecutive day; CAL Bank falls by 3.53%

SIC Insurance Company (SIC) was once again the sole gainer at the  close of trading as its price appreciated by GH¢0.01 to close at GH¢0.13 translating into a 62.50% YTD return.

This is in contrast to CAL Bank (CAL) which lost GH¢0.03 to close at GH¢0.82 translating into a -5.75% YTD return.

GAINER & DECLINER 

Ticker Close Price  (GH¢)Open Price  (GH¢)Change YTD  Change
SIC 0.13 0.12 8.33% 62.50%
CAL 0.82 0.85 -3.53% -5.75%

The benchmark GSE Composite Index (GSE-CI) lost 1.61 points to close at  2,694.61 on the fourth trading day of the week representing a YTD return  of -3.40%.

The GSE Financial Stock Index (GSE-FSI) also lost 2.93 points to close trading at 2,115.62 translating into a YTD return of -1.68%.

Read: South Africa’s debt still rising despite higher revenue

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Market capitalization thus reduced by GH¢510.28 million to close at  GH¢62.86 billion representing a YTD decline of -2.53% in 2022. 

A total of 862,593 shares valued at GH¢251,322.65 were traded in twelve  equities (12) compared to 3,192,585 shares valued at GH¢725,353.36 which changed hands the previous day.

CAL at close of market traded the most, accounting for 63.05% of the total value traded. 

TOP TRADED EQUITIES 

Ticker Volume Value (GH¢)
SIC 637,410 82,863.30
CAL 193,225 158,481.25
PBC 27,500 550.00
MTNGH 2,866 3,009.30
EGH 449 3,412.40

Peruse below details of the daily equity report by SIC Brokerage:

Daily Equity Market Report_24.02.2022 by Fuaad Dodoo on Scribd

Tags: CAL Bank (CAL)ghanaGSE: SIC gains for second consecutive day; CAL Bank falls by 3.53%SIC Insurance Company (SIC)
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