GSE: Share price decline in Societe Generale, ETI leads to 7.12 points drop in benchmark index
The benchmark index (GSE-Composite Index) of the Ghana Stock Exchange (GSE) lost 7.12 points to close trading at 2,538.53 points representing a YTD return of -8.99%.
The GSE Financial Stock Index (GSE FSI) also dropped 14.28 points to close trading at 2,163.03 points translating into a YTD return of 0.52%.
Fifteen (15) equities traded, ending with two decliners. Societe Generale Ghana PLC. (SOGEGH) and Ecobank Transnational Inc. (ETI) were the decliners as they lost GH¢0.01 each to close trading at GH¢1.17 and GH¢0.16 representing a YTD return of -2.50% and 14.29% respectively.
DECLINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change (GH¢) | YTD Change |
| SOGEGH | 1.17 | 1.18 | -0.01 | -2.50% |
| ETI | 0.16 | 0.17 | -0.01 | 14.29% |
Market capitalization of the GSE on the back of the share price decline in Societe Generale and ETI was GH¢64.61 billion.
Meanwhile, a total of 1,100,864 shares valued at GH¢1,022,509.53 was traded on the day. Compared with the previous GSE trading day (July 6), Thursday’s data shows a 728.43% improvement in volume traded against a 114.23% improvement in trade turnover.
Scancom PLC. (MTNGH) accounted for 89.68% of the total value traded as the stock also recorded the largest volumes traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 1,018,900 | 917,010.00 |
| SIC | 47,000 | 15,040.00 |
| SOGEGH | 12,806 | 14,983.02 |
| GCB | 12,399 | 61,995.00 |
| ETI | 3,411 | 545.76 |
Peruse details of equity report below:
Daily Equity Market Report_07.07.2022 by Fuaad Dodoo on Scribd
