GSE | Weekly Capital Market Report - July 8, 2022

Market activity for the week was down 6.95 points to close at 2,538.53 points translating into a YTD return of -8.99%, while the GSE Financial Stock Index (GSE-FSI) closed 13.94 points lower at 2,163.03 points translating into a YTD return of 0.52%. Twenty-four (24) equities traded over the week, ending with one (1) gainer and two (2) decliners. SIC was the sole gainer as it gained GH¢0.01 to close at GH¢0.32. However, ETI and SOGEGH lost GH¢0.01 each to close at GH¢0.16 and GH¢1.17 respectively.

As a result, Market Capitalization decreased by GH¢231.51 million to close the trading week at GH¢64.61 billion.

A total of 1.87 million shares valued at GH¢1.82 million traded during the week. Compared with the previous trading week, this week’s data shows a 67.85% decline in volume traded and 72.20% decline in trade turnover. Scancom PLC. (MTNGH) recorded lion’s share of trades as it recorded the most volumes and accounted for 56.27% of the total value traded.

 

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