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 GSE-CI remains flat for five consecutive days

3 years ago
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 GSE-CI remains flat for five consecutive days

Another lackluster session was witnessed at the Ghana Stock Exchange  (GSE) on Thursday as the GSE-Composite Index (GSE-CI) on a fifth day  running did not record any change at the close of the trading session.  

Persistent Cedi depreciation coupled with weakening macroeconomic cues dampened interest of investors in the equity market.

As a result, the GSE-CI closed at 2,508.99 points, the same mark as it opened, representing  a YTD return of -10.05%.

The GSE-FSI also maintained its value to close  trading at 2,079.94 points translating into a YTD return of -3.34%.

Nine (9) equities traded with no gainer nor decliner on the day as market capitalization for the day settled at GH¢64.49 billion.

A total of 149,788 shares valued at GH¢64,182.31 was traded on the Thursday.

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Compared with the previous GSE trading day [Wednesday], Thursday’s data shows a 41.61% decrease in volume traded as well as a 94.57% decrease in  trade turnover.

SIC Insurance Company Ltd. (SIC) accounted for 57.61% of  the total value traded and recorded the largest volumes traded. 

TOP TRADED EQUITIES 

Ticker Volume Value (GH¢)
SIC 119,268 36,973.08
MTNGH 20,145 18,331.95
AADS 6,676 2,737.16
CAL 1,001 760.76
CLYD 1,001 30.03

Daily Equity Market Report_08.09.2022 by Fuaad Dodoo on Scribd

Tags: Ghana Stock Exchange  (GSE)GSE-CI remains flat for five consecutive daysGSE-Composite Index (GSE-CI)
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