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Home Business Markets

MTN Ghana fortifies trading activity on Ghana Stock Exchange

5 years ago
in Markets
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Ghana’s Stock Market Ends July on a High: MTNG and RBGH Lead Bullish Surge

GSE Composite Index Advances as Market Cap Rises by GHS 1.31bn; MTNGH Leads Trade

The benchmark index – the use of a group of securities to measure the performance of other securities – recorded no gains or losses at today’s session, closing at 1,813.46 with a negative 19.66 per cent year-to-date return whiles the market capitalization stayed at Ghs 52.87 billion.

The GSE Financial Index remained unchanged at yesterday’s level of 1,608.59 with a year-to-date return of -20.35 per cent while the SAS Manufacturing Index was flat at 1,831.13 with a negative 47.40 per cent year-to-date return.

Trading activity, fortified by 15,044,522 shares valued at Ghs 9,192,468.71, changed hands from 12,017,673 shares valued at Ghs 7,339,144.08 in the previous session.

MTN Ghana dominated trades by volume and value, accounting for 99.86 per cent of the total volume traded and 99.69 per cent of the total value traded.

We expect activity levels to pick up while investors await more third-quarter earnings results.

Source: strategic african securities Ghana
Tags: Ghana Stock ExchangeMTN Ghanatrading activities
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