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Stock market posts 8.74% YTD loss

3 years ago
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Stock market posts 8.74% YTD loss

The benchmark index (GSE-Composite Index) of the Ghana Stock  Exchange (GSE) gained 0.17 points to close trading at 2,545.65 points  representing a YTD return of -8.74%.

The GSE Financial Stock Index  (GSE-FSI) also gained 0.34 points to close trading at 2,177.31 points  translating into a YTD return of 1.18%. 

The gains in the GSE stock indices came on the back of price  appreciation in SIC Insurance Company Ltd. (SIC) as it gained GH¢0.01 to close at GH¢0.32 representing a YTD return of 300.00%.

GAINER

Ticker Close Price  (GH¢)Open Price  (GH¢)Change (GH¢)YTD  Change
SIC 0.32 0.31 0.01 300.00%

Eighteen (18) equities traded with no decliner recorded. Market Capitalization  for the day settled at GH¢64.84 billion. 

A total of 229,120 shares valued at GH¢120,499.38 was traded on the day. Compared with the previous GSE trading day (July4), Tuesday’s data shows 654.01% and 354.61% improvements in both volume traded and trade turnover.

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SIC accounted for 39.08%of the total value traded and also recorded the largest volumes traded.

Daily Equity Market Report_05.07.2022 by Fuaad Dodoo on Scribd

Tags: Ghana Stock  Exchange (GSE)SICStock market posts 8.74% YTD loss
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