GSE: Stock market ends week with 2 gainers and 4 decliners
The Ghana Stock Exchange (GSE) ended last week with a gain of 1.61 points to close trading at 2,730,37 points.
The recorded gains translates into a year-to-date (YTD) returns of -2.11%.
The GSE Financial Stock also lost 10.26 points to close the week at 2,117.65 points translating into a YTD returns of -1.59%.
The recorded gain in the benchmark GSE-CI and loss in the GSE-FSI was due to the simultaneous gain and loss in six equities on the local bourse.
CAL Bank and GGBL emerged the gainers on the stock market posting 6.25% and 16.67% increment in share prices respectively.
GGBL with the 16.67% share price increment ended Friday’s trading session with a closing price of GHS 2.10 from an opening price of GHS 1.80.
CAL Bank, with a 6.25% increment in share price, ended Friday’s trading session with a closing price of GHS 0.85 from an opening price of GHS 0.80.
GAINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | Y-t-D Change |
| GGBL | 2.10 | 1.80 | 16.67% | 16.67% |
| CAL | 0.85 | 0.80 | 6.25% | -2.30% |
The four equities that recorded losses in share prices and as such emerged decliners on the local bourse include: Access Bank, BOPP, MTNGH and GCB.
The equities respectively lost 18.25%, 7.26%, 2.70% and 0.76% in share prices.
DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | Y-t-D Change |
| ACCESS | 2.33 | 2.85 | -18.25% | -26.03% |
| BOPP | 6.00 | 6.47 | -7.26% | -9.77% |
| MTNGH | 1.08 | 1.11 | -2.70% | -2.70% |
| GCB | 5.20 | 5.24 | -0.76% | -0.76% |
Market capitalization thus decreased by GH¢16.80 million to close the trading week at GH¢ 63.73 billion.
A total of 10.24 million shares valued at GH¢12.58 million traded during the week compared to 5.91 million shares valued at GH¢6.46 million which traded the previous week.
Scancom PLC. (MTNGH)recorded the most trades per value traded for a third week running as it accounted for 73.49% of the total value traded.
OP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 8,560,898 | 9,245,770.14 |
| GGBL | 1,300,377 | 2,670,565.80 |
| PBC | 117,000 | 2,340.00 |
| CAL | 75,026 | 62,034.50 |
| UNIL | 52,087 | 306,792.43 |
Peruse equity report below:
Weekly Capital Market Report_week Ending 11.02.2022 by Fuaad Dodoo on Scribd
