Market activity for the week advanced slightly as it gained 94.42 points to close at 2,460.31 points translating into a YTD return of -11.80%. The GSE Financial Stock Index (GSE-FSI) increased marginally by 1.73 points to close at 2,069.89 points translating into a YTD return of -3.81%.
Twenty-five (25) equities traded over the week, ending with two (2) gainers and two (2) decliners. MTNGH and TBL were the gainers as they gained GH¢0.08 and GH¢0.05 to close trading at GH¢0.88 and GH¢0.55 respectively. GOIL and GLD were the decliners as they shed off GH¢0.02 and GH¢9.10 to close trading at GH¢1.74 and GH¢236.00 respectively. As a result, Market Capitalization increased by GH¢1,083.19 million to close the trading week at GH¢64.73 billion.
A total of 12,764,578 shares valued at GH¢37,703,219.96 were traded during the week. Compared with the previous trading week, this week’s data shows a 2218.08% increase in volume traded and an 83.43% increase in trade turnover. Scancom PLC. (MTNGH) emerged as the most traded stock at the close of trading session, accounting for 97.82% of overall trade volume, whilst NewGold (GLD) accounted for 70.09% of the total value traded.
