Stock market slips to close at 2,461 points
Stock market indices dropped slightly as investors mull over BoG’s monetary policy rate hike to 24.50%.
The Ghana Stock Exchange’s Composite Index (GSE-CI) contract was down 0.19 points to close trading at 2,461.33 points representing a YTD return of -11.76%.
The GSE Financial Stock Index (GSE-FSI) also slumped 0.34 points to close at 2,069.76 points, translating into a YTD return of -3.81%.
One (1) counter recorded price movement in the southward direction. SIC Insurance Company Ltd. (SIC) was the sole decliner shaving off GH¢0.01 off its price to close the session at GH¢0.32.
DECLINER
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Change (GH¢) | YTD Change |
| SIC | 0.32 | 0.33 | -0.01 | 300.00% |
Market capitalization for the day settled at GH¢64.44 billion.
A total of 19,316 shares were traded across thirteen (13) counters. These trades cumulated in turnover of GH¢19,041.09.
Ecobank Transnational Inc.(ETI) emerged the most traded stock at the close of trading session, accounting for 43.77% of overall trade volume, whilst Benso Palm Plantation PLC. (BOPP) accounted for 43.48 % of the total value traded.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| ETI | 8,455 | 1,268.25 |
| SIC | 3,780 | 1,209.60 |
| CAL | 2,200 | 1,760.00 |
| SOGEGH | 1,941 | 1,941.00 |
| BOPP | 1,200 | 8,280.00 |
Daily Equity Market Report_06.10.2022 by Fuaad Dodoo on Scribd
