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Stock market posts YTD returns of -8.97% on Wednesday

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Stock market posts YTD returns of -8.97% on Wednesday

Benchmark index (GSE-Composite Index) of the Accra bourse fell 1.27 points to close trading at 2,539.21 points  representing a YTD return of -8.97% on Wednesday, August 17, 2022.

The GSE Financial Stock Index  (GSE-FSI) also lost 2.80 points to close trading at 2,046.56 points  translating into a YTD return of -4.89%. 

Eight (8) equities traded, ending with two (2) gainers and decliners each. GLD and BOPP gained GH¢1.31 and GH¢0.34 to close trading at GH¢171.51 and GH¢6.34 respectively.

EGH and TOTAL on the other hand lost GH¢0.05 and GH¢0.08 to close trading at GH¢6.80 and  GH¢4.00 respectively.

 GAINERS AND DECLINERS

Ticker Close Price  (GH¢)Open Price  (GH¢)Change (GH¢)YTD  Change
GLD 171.51 170.20 1.31 57.93%
BOPP 6.34 6.00 0.34 -4.66%
EGH 6.80 6.85 -0.05 -10.53%
TOTAL 4.00 4.08 -0.08 -20.32%

Market capitalization of the stock market settled at GH¢64.42 billion at the end of trading activities on Wednesday. 

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A total of 244,201 shares valued at GH¢35,774,907.25 was traded on Wednesday. Compared with the previous GSE trading day (August 16), Wednesday’s data shows a 36.50% drop in volume traded and a 12953.04% rise in trade turnover.

New Gold (GLD) accounted for 99.52% of the total value  traded and recorded the largest volume traded. 

TOP TRADED EQUITIES

Ticker Volume Value (GH¢)
GLD 207,578 35,601,686.40
BOPP 17,093 108,095.40
TOTAL 7,175 28,700.00
MTNGH 7,147 6,789.65
EGH 3,810 25,908.00

Daily Equity Market Report_17.08.2022 by Fuaad Dodoo on Scribd

Tags: GSEGSE-FSIStock market posts YTD returns of -8.97% on Wednesday
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