Share price loss in CAL Bank equity results in 1.19 points loss in GSE-FSI
The GSE Financial Stock Index (GSE-FSI) shed 2.18 points to close trading at 2,129.75 translating into a YTD return of -1.03%.
The loss in the GSE-FSI index was as a result of the 2.44% loss in the share price of CAL Bank.
The bank started trading on Tuesday with an opening price of GHS 0.82, however at the close of trading, it had lost some GHS 0.02 ending trading at a closing price of GHS 0.80.
This ultimately resulted in the benchmark GSE Composite Index (GSE-CI) losing 1.19 points on the first trading day of the month of February to close at 2,765.61 representing a YTD return of -0.85%.
On the back of CAL Bank’s share price loss, market capitalization thus dipped marginally by GHS 3.29 million to close at GHS 64.09 million representing YTD decline of -0.62%.
Cal Bank PLC. (CAL) was the sole decliner for the first trading day of the month as it lost GHS 0.02.
DECLINER
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change | YTD Change |
| CAL | 0.80 | 0.82 | -2.44% | -8.05% |
It however, recorded the largest share of trades as it accounted for 93.5% and 98.9% of total value and total volume traded respectively.
Meanwhile, a total of 1,028,169 shares valued at GHS 870,401.25 were traded in seven (7) equities compared to 13,505 shares valued at GHS 24,830.80 which changed hands on Monday.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| CAL | 1,017,143 | 814,051.72 |
| MTNGH | 6,289 | 6,980.79 |
| TOTAL | 1,980 | 9,939.60 |
| SCB | 1,715 | 34,814.50 |
| GCB | 796 | 4,171.04 |
Peruse equity report below:
Daily Equity Market Report_01.02.2022 by Fuaad Dodoo on Scribd
