Stock market closes week at 2,460 points; returns -11.79% YTD
Market activity for the week declined slightly by 0.89 points to close at 2,460.44points translating into a YTD return of -11.79%. The GSE Financial
Stock Index (GSE-FSI) however was down by 1.60 points to close at 2,068.16points translating into a YTD return of -3.89%.
Twenty-Four (24) equities traded over the week, ending with two (2) gainers and one (1) decliner.
GLD and TBL were the gainers as they gained GH¢10.16 and GH¢0.02 to close trading at GH¢191.60 and GH¢0.50 respectively.
GCB was the sole decliner as it shed off GH¢0.05 to close trading at GH¢3.95. As a result, Market Capitalization increased by GH¢20.21 million to close the trading week at GH¢64.48 billion.
A total of 3,546,068 shares valued at GH¢59,618,839.97 were traded during the week.
Compared with the previous trading week, this week’s data shows a 20.19% decrease in volume traded and a 98.20% increase in trade turnover.
Scancom PLC. (MTNGH) emerged as the most traded stock at the close of trading session, accounting for 79.15% of overall trade volume, whilst NewGold (GLD) accounted for 95.59% of the total value traded.
Weekly Capital Market Report_week Ending 14.10.2022 by Fuaad Dodoo on Scribd
