GSE: Stock market begins week with 3 gainers and 3 decliners
The Ghana Stock Exchange (GSE) begun the week with a loss of 6.29 points to close trading at 2,502.10 points.
The recorded loss translates into a year-to-date (YTD) returns of -10.30%.
The GSE Financial Stock also lost 1.07 points to begin the week at 2,077.78 points translating into a YTD returns of -3.44%.
The recorded losses in the benchmark GSE-CI and the GSE-FSI were due to the simultaneous gain and loss in six equities on the local bourse.
Access, SIC and BOPP emerged the gainers on the stock market recording 7 pesewas, 1 pesewa and 6 pesewas increment in share prices respectively.
The three equities that recorded losses in share prices and as such emerged decliners on the local bourse include: Enterprise, Ecobank Ghana Guinness Ghana.
The equities respectively lost 1 pesewa, 10 pesewas and 20 pesewas in share prices.
GAINERS AND DECLINERS
Ticker | Close Price (GH¢) | Open Price (GH¢) | Change (GH¢) | YTD Change |
ACCESS | 3.70 | 3.63 | 0.07 | 17.46% |
BOPP | 6.40 | 6.34 | 0.06 | -3.76% |
SIC | 0.32 | 0.31 | 0.01 | 300.00% |
EGH | 6.75 | 6.76 | -0.01 | -11.18% |
EGL | 3.20 | 3.30 | -0.10 | 14.70% |
GGBL | 2.05 | 2.25 | -0.20 | 13.89% |
Market capitalization thus settled at GHS 64.42 billion for the day.
A total of 9,078,241 shares valued at GH¢9,225,541.14 was traded on Monday. Compared with the previous GSE trading day (September 9), Monday’s data shows a 4851.37% increase in volume traded as well as a 4877.14% increase in trade turnover.
Scancom PLC (MTNGH) accounted for 85.07% of the total value traded and recorded the largest volumes traded.
TOP TRADED EQUITIES
Ticker | Volume | Value (GH¢) |
MTNGH | 8,624,722 | 7,848,497.02 |
EGL | 360,000 | 1,152,000.00 |
SIC | 44,546 | 160,000.00 |
BOPP | 25,000 | 14,254.72 |
SOGEGH | 12,258 | 13,361.22 |
Daily Equity Market Report_12.09.2022 by Fuaad Dodoo on Scribd