Stock market gains 85 points as capitalization increase to GHS 64bn
The benchmark index (GSE-Composite Index) of the Ghana Stock Exchange (GSE) inched up by 85.72 points to close trading at 2,525.34 points representing a YTD return of -9.46%.
The GSE Financial Stock Index (GSE-FSI) also increased by 1.39 points to close trading at 2,115.91 points translating into a YTD return of -1.67%.
Nineteen equities traded, ending with two gainers namely Scancom (MTNGH) and Trust Bank Gambia Limited (TBL) gaining GH¢0.08 and GH¢0.04 to close trading at GH¢0.91 and GH¢0.48 respectively.
GAINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change (GH¢) | YTD Change |
| MTNGH | 0.91 | 0.83 | 0.08 | -18.02% |
| TBL | 0.48 | 0.44 | 0.04 | 41.18% |
Market capitalization of the GSE for the day settled at GH¢ 64.46 billion.
A total of 70,410 shares valued at GH¢60,933.83 was traded on the day. Compared with the previous GSE trading day(July 26), Wednesday’s data shows a 27.72% decline in volume traded and 4.22% improvement in trade turnover.
Ecobank Ghana PLC (EGH) accounted for 35.84% of the total value traded whilst Ecobank Transnational Inc (ETI) recorded the largest volumes traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| ETI | 26,365 | 4,218.40 |
| SIC | 18,559 | 5,938.88 |
| CAL | 6,525 | 4,828.50 |
| MTNGH | 6,004 | 5,172.84 |
| EGH | 3,188 | 21,837.80 |
Daily Equity Market Report_27.07.2022 by Fuaad Dodoo on Scribd
