GSE | Weekly Capital Market Report - November 4, 2022

    Market activity for the week remained unchanged as it closed at 2,460.31 points translating into a YTD return of -11.80%. The GSE Financial Stock Index (GSE-FSI) which maintained its level throughout the week closed at the same level it opened, 2,069.89 points translating into a YTD return of -3.81%.

    Twenty-two (22) equities traded over the week, ending with one (1) decliner. NewGold (GLD) which began the week at GH¢236.00 per share ended the week at GH¢218.20 per share after shedding GH¢17.80 off its price. Market Capitalization decreased by GH¢51.62 million to close the trading week at GH¢64.68 billion.

    A total of 516,886 shares valued at GH¢15,304,079.71 were traded during the week. Compared with the previous trading week, this week’s data shows a decline of 95.95% and 59.41% respectively in volume traded and trade turnover. Scancom PLC. (MTNGH) emerged as the most traded stock at the close of trading session, accounting for 68.35% of overall trade volume, whilst NewGold (GLD) accounted for 95.66% of the total value traded.

     

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