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Stock market capitalisation fall by Ghs 182 million

4 years ago
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Stock market capitalisation fall by Ghs 182 million

Market capitalization of the Ghana Stock Exchange (GSE) decreased by GH¢182.80 million to close trading at GH¢64.17 billion on Tuesday representing a YTD growth of 18.01% in 2021.

The decline in the stock market’s capitalisation was due to a slip in the benchmark GSE Composite index (GSE-CI).

The GSE-CI lost 17.47 points to close trading at 2,854.74, translating into a YTD return of 47.03%. The GSE Financial Stock Index (GSE-FSI) however closed higher as it
gained 4.14 points to close the trading day at 2,062.36 points, also translating into a YTD return of 15.68%.

Three (3) equities; Total Petroleum Ghana (TOTAL), Republic Bank Ghana PLC. (RBGH) and Enterprise Group PLC. (EGL) recorded gains to close at GH¢5.00, GH¢0.50 and GH¢2.40 respectively as against two decliners Scancom PLC. (MTNGH) and Cal Bank PLC. (CAL).

Read This: A hobbled recovery along entrenched fault lines

A total of 321,059 shares valued at GH¢894,420.54 exchanged hands in thirteen (13) equities as FanMilk PLC. (FML) recorded the most trades, accounting for 65.62% of the total value traded.

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Peruse details of daily equity report by SIC Brokerage:

DAILY_EQUITY_MARKET_REPORT_12.10.2021_2021-10-12 by Fuaad Dodoo on Scribd

Source: norvanreports
Tags: Ghana Stock Exchange (GSE)GSE-CIGSE-FSIStock market capitalisation fall by Ghs 182 million
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