Stock market rallies 86.11 points to close at 2,475.59 points on Wednesday
Ghana Stock Exchange (GSE) benchmark index the GSE-Composite index ended trading activities at 2,475.59 points on Wednesday.
A the close of trading activities on Wednesday, the benchmark index had recorded gains of 86.11 points, leading to a decline in the YTD returns on share prices listed on the local bourse.
YTD returns on equities on the local bourse declined to -11.25% from the previous -14% YTD returns.
With the GSE Financial Stock Index (GSE-FSI), it slightly gained 2.18 points to close trading at 2,080.94 points translating into a YTD return of -3.30%.
Sixteen (16) equities traded on Wednesday, ending with three (3) gainers. CAL, MTNGH and GLD were the gainers as they gained GH¢0.02, GH¢0.08 and GH¢6.30 to close trading at GH¢0.76, GH¢0.88 and GH¢163.50 respectively.
GAINERS
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change (GH¢) | YTD Change |
| CAL | 0.76 | 0.74 | 0.02 | -12.64% |
| MTNGH | 0.88 | 0.80 | 0.08 | -20.72% |
| GLD | 163.50 | 157.20 | 6.30 | 50.55% |
Market capitalization of the GSE for the day settled at GH¢63.60bn.
A total of 3,239,346 shares valued at GH¢10,649,881.55 was traded on the day. Compared with the previous GSE trading day (August 9), Wednesday’s data shows a 1966.33% improvement in volume traded and 1996.04% improvement in trade turnover.
Scancom PLC. (MTNGH) accounted for 74.56% of the total value traded and recorded the largest volumes traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| MTNGH | 2,328,746 | 2,049,296.48 |
| CAL | 850,394 | 646,299.44 |
| GLD | 48,564 | 7,940,214.00 |
| SIC | 4,625 | 1,440.00 |
| SOGEGH | 4,136 | 3,970.56 |
Daily Equity Market Report_10.08.2022 by Fuaad Dodoo on Scribd
