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GSE: Year-to-date returns on equities decline to 11% as benchmark index falls by 60.76 points on Tuesday

2 years ago
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GSE: Year-to-date returns on equities decline to 11% as benchmark index falls by 60.76 points on Tuesday

The benchmark index of the Ghana Stock Exchange – the GSE-Composite Index – on Tuesday, lost 60.76 points to end trading at 3,476.45 points.

The fall in the bourse’s benchmark index resulted in a decline in its YTD returns on equities to 11.06%.

The GSE Financial Stocks Index also closed unchanged at 1,993.74 points, maintaining its YTD return at 4.85%.

UNIL earned GH¢0.02 to close at GH¢11.85 while MTNGH reversed some of the previous week’s gains, losing
GH¢0.05 to close at GH¢1.60.

MTN traded 168,202 shares with a turnover of GH¢270,105.60. Consequently, the total market capitalization of the local bourse slumped to GH¢77,864.80 billion.

Tuesday’s trading session recorded a total turnover of GH¢469,176 which was up by some 1,764%, from the exchange of eight (8) different counters (equities). The total volume traded was 25,166 which was down by some 3,319%.

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There were outstanding offers for MTNGH, GGBL, TOTAL and UNIL at GH¢1.57, GH¢4.44, GH¢9.50, and GH¢11.85 respectively.

Tags: benchmark indexGSEGSE: Year-to-date returns on equities decline to 11% as benchmark index falls by 60.76 points on Tuesday
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