Stock market falls by 36.07 points on Tuesday; records -11.73% YTD returns
Benchmark index (GSE-Composite Index) of the Ghana Stock Exchange (GSE) lost 36.07 points to close trading at 2,462.08 points translating into a YTD return of-11.73%.
The GSE Financial Stock Index (GSE FSI) on the other hand maintained its value to close trading at 2,073.65 points, translating into a YTD return of -3.63%.
Thirteen equities traded on Tuesday, ending with two decliners. The worst performers of the day were Ghana Oil Company Limited (GOIL) and Scancom PLC. (MTNGH).
GOIL lost GH¢0.02 whilst MTNGH lost GH¢0.03to close trading at GH¢1.77 and GH¢0.88 respectively.
DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change (GH¢) | YTD Change |
| GOIL | 1.77 | 1.79 | -0.02 | -2.75% |
| MTNGH | 0.88 | 0.91 | -0.03 | -20.72% |
Hence, market capitalization of the GSE for the day settled at GHS 64.01 billion.
Meanwhile, a total of 12,884,929 shares valued at GH¢11,705,927.80 were traded on Tuesday.
Compared with the previous GSE trading day (September 27), Tuesday’s data shows a 21,595.09% increase in volume traded and a 12,331.47% increase in trade turnover.
Scancom PLC. (MTNGH) accounted for 92.24% of the total value traded and recorded the most volumes traded on the GSE.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 12,267,117 | 10,796,977.77 |
| SOGEGH | 519,649 | 519,649.00 |
| GCB | 64,327 | 257,308.00 |
| EGH | 14,744 | 98,342.48 |
| ETI | 6,054 | 908.10 |
Daily Equity Market Report_27.09.2022 by Fuaad Dodoo on Scribd
