Market activity for the week declined slightly by 94.55 points to close at 2,365.89 points translating into a YTD return of -15.18%. The GSE Financial Stock Index (GSE-FSI) however maintained its level to close at 2,068.16 points translating into a YTD return of -3.89%.
Twenty-Three (23) equities traded over the week, ending with two (2) gainers and two (2) decliners. GLD and BOPP were the gainers as they gained GH¢53.50 and GH¢0.01 to close trading at GH¢245.10 and GH¢6.91 respectively. GOIL and MTNGH were the decliners as they shed off GH¢0.01 and GH¢0.08 to close trading at GH¢1.76 and GH¢0.80 respectively. As a result, Market Capitalization declined by GH¢831.66 million to close the trading week at GH¢63.65 billion.
A total of 550,652 shares valued at GH¢20,555,072.32 were traded during the week. Compared with the previous trading week, this week’s data shows an 84.47% decrease in volume traded and a 65.52% decrease in trade turnover. Scancom PLC. (MTNGH) emerged as the most traded stock at the close of trading session, accounting for 65.10% of overall trade volume, whilst NewGold (GLD) accounted for 96.99% of the total value traded.
