This week the major Ghanaian indices closed mostly lower with the GSE Composite index down 86.93 points closing at 2,342.62 points, bringing its YTD return to -4.14%. The GSE Financial Stock Index (GSE-FSI) also lost 22.84 points to close at 2,018.12 points bringing its YTD return to -1.68%.
Twenty-three (23) equities traded over the week, ending with a gainer and five (5) stocks recording price declines. TOTAL recorded a price gain of GH¢0.05 to close at GH¢4.06 per share. GCB led the losers’, losing GH¢0.39 to close at GH¢3.51 per share. Followed by UNIL, recording a price decline of GH¢0.33 to close at GH¢2.25. MTNGH recorded the least decline of GH¢0.06 close at GH¢0.82 per share. As a result, Market Capitalization decreased by GH¢949.18 million to close the trading week at GH¢63.60 billion.
A total of 902,475 shares cumulating to a value of GH¢827,347.05 were traded during the week. This week’s data shows an increase of 30.08% in volume traded but a decrease of 46.12% in trade turnover. SIC emerged as the most traded stock during the week whilst MTNGH accounted for 31.63% of total value traded.
