The year-to-date returns recorded by the Ghana Stock Exchange Composite Index (GSE CI) at the close of the week, April 9, was 18.53 percent as the GSE CI gained 88.06 points to close the stock market at 2,301.35 points.
The increase in the GSE CI was as a result of impressive share price gains made by Scancom PLC. (MTNGH), followed by Enterprise Group Limited and Standard Chartered Bank PLC.
Scancom PLC. (MTNGH) lead the advancers with a 9.41% gain to close at GH¢0.93 which is a new year-high for the stock. Enterprise Group Limited and Standard Chartered Bank PLC. also gained 0.69% and 0.06% to close at GH¢1.45 and GH¢18.16 respectively.
A total volume of 3.72 million shares valued at GH¢3.62 million exchanged hands in thirteen (13) equities with Scancom Plc. (MTNGH) recording the lion’s share of trades.
Find below Universal Merchant Bank’s (UMB) review of Ghana’s financial market for the week ending on April 9, 2021:
Weekly Financial Market Review – Week Ending 09-04-2021 by Fuaad Dodoo on Scribd
