MTN share price decline by 2.78%; Guinness Ghana gains 0.95%
Share price of MTN Ghana (MTNGH) dropped by 2.78% on the Ghana Stock Exchange (GSE) after Tuesday’s trading session.
The drop in the telecom’s share price made it the sole decliner on the local bourse.
Guinness Ghana Breweries Plc (GGBL) on the other hand emerged the sole gainer on the local bourse with a 0.95% gain in its share price.
GAINER & DECLINER
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | YTD Change |
| GGBL | 2.12 | 2.10 | 0.95% | 17.78% |
| MTNGH | 1.05 | 1.08 | -2.78% | -5.41% |
On the back of the loss in the share of MTNGH, the GSE Composite Index (GSE-CI) declined by 34.64 points to close at 2,695.73 points moderated by the gain in GGBL.
The loss in the GSE-CI on the second trading day of the week represents a YTD return of -3.36%.
However, the GSE Financial Stock Index (GSE-FSI) maintained its level to close trading at 2,117.65 translating into a YTD return of -1.59%.
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Market capitalization thus declined its value to close at GH¢ 63.37 billion representing a YTD decline of -1.75%.
A total of 1,013,640 shares valued at GH¢ 2,137,160.56 were traded compared to 611,069 shares valued at GH¢ 531,242.10 which changed hands yesterday, 14th February, 2022.
Tuesday’s data shows 65.88% improvement in volume and 302.30% improvement in turnover. GGBL traded the most, accounting for 99.20% of the total value traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| GGBL | 1,000,000 | 2,119,991.18 |
| MTNGH | 9,962 | 10,502.37 |
| GOIL | 1,000 | 1,820.00 |
| SIC | 980 | 88.20 |
| ETI | 697 | 90.61 |
Peruse report below:
Daily Equity Market Report_15.02.2022 by Fuaad Dodoo on Scribd
