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Ghana Stock Exchange records no movement in key indexes

3 years ago
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Ghana Stock Exchange records no movement in key indexes

The Ghana Stock Exchange (GSE) closed on Wednesday, February 16, with no movement in key indexes.

The GSE-Composite Index and GSE Financial Stocks Index both remained unchanged, with the former closing at 2,410.20 points representing a -1.38% year-to-date return, and the latter at 1,983.82 points, representing a year-to-date return of -3.35%.

The trading session recorded no gainers nor decliners, resulting in market capitalization remaining unchanged, ending the day at GH¢64.31 billion.

A total of 11,958 shares valued at GH¢19,719.42 were traded across six (6) counters. The total volume traded was down 98.90% while the total value traded also declined by 98.93% compared to the last trading day.

Cal Bank PLC topped the trading chart with 5,621 shares valued at GH¢2,866.71, representing 47.01% of the total volume traded.

While the lack of movement in key indexes and trading volumes may be cause for concern, analysts remain optimistic about the long-term prospects of the Ghanaian stock market, which is benefiting from a range of measures implemented by the government and the strong performance of some of the companies listed on the exchange.

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TOP TRADED EQUITIES 

Ticker Volume Value (GH¢)
CAL 5,621 2,866.71
GCB 4,923 15,507.45
MTNGH 1,331 1,197.9
GGBL 68 114.24
FML 13 32.5

Tags: Ghana Stock Exchange records no movement in key indexesGSEGSE-CIGSE-FSI
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