Ghana | GSE

The benchmark GSE Composite Index (GSE-CI) at the close of the week improved by 19.67 points to close at 2,762.03 translating into a YTD return of -0.98%. The GSE Financial Stock Index (GSE-FSI) on the other hand slipped by 5.09 points to close the week at 2,146.76 translating into a YTD return of -0.24%. Trust Bank Gambia (TBL) and Scancom PLC. (MTNGH) at the close of the week both gained GH¢0.01 and GH¢0.02 to close at GH¢0.35 and GH¢1.09 respectively. Market Capitalization also increased by GH¢205.87 million over the week to close the trading week at GH¢64.21 billion A total of 1.52 million shares valued at GH¢2.40 million traded during the week compared to 25.05 million shares valued at GH¢26.52 million which traded the previous week. Scancom PLC. (MTNGH) recorded the most trades for a second week running as it accounted for 57.11% of the total value traded.

The Ghana Stock Exchange (GSE) ended last year as Africa’s 2nd best performing stock market in both Dollar and Cedi terms. In Dollar term, the exchange recorded 38.59% return for investors, whilst investors enjoyed 43.66% gain in Cedi term. During the first nine months of 2021, the GSE was the best performing stock market in Africa, until it was dislodged by the Lusaka Stock Exchange. This was due to the pressure on the Ghana Cedi during the second half of the year. Importantly, investor sentiments had sustained the growth of the market as with more local investors and pension fund managers increasing their participation on the market. As at December 31st last year, the Market Capitalization had grown significantly to close the year at GH¢64.49 billion with 15 listed equities on both the main and Ghana Alternative Market (GAX) registering gains in their market value, whilst five stocks recorded losses.

The benchmark GSE Composite Index (GSE-CI) at the close of the week lost 46.98 points to close at 2,742.36 translating into a YTD return of -1.68%. The GSE Financial Stock Index (GSE-FSI) on the other hand remained flat to close the week at 2,151.85 translating into a YTD return of 0.00%. Scancom PLC. (MTNGH) at the close of the week shed GH¢0.04 to close at GH¢1.07 causing Market Capitalization to decrease by GH¢487.71 million over the week to close the opening trading week of the year at GH¢64 billion A total of 25.06 million shares valued at GH¢26.52 million traded during the week compared to 5.08 million shares valued at GH¢6.72 million which traded the previous week. Scancom PLC. (MTNGH) recorded the most trades accounting for 99.6% and 99.0% of the total value and volume traded respectively.

PAGE 1 – MARKET HIGHLIGHTS
PAGE 2 – GSE FINANCIAL STOCK INDEX SUMMARY & ECONOMIC INDICATORS
PAGE 3 – GSE INDEX SUMMARY & MARKET ACTIVITIES SUMMARY FROM 1990 TO DATE
PAGE 4 – MARKET ACTIVITIES FOR DECEMBER ONLY AND JANUARY TO DECEMBER (2020 VS 2021)
PAGE 5 – SECTORAL DISTRIBUTION OF TRADES FOR DECEMBER 2021
PAGE 6 – SECTORAL DISTRIBUTION OF TRADES FOR DECEMBER 2021 CONTINUED
PAGE 7 – SECTORAL DISTRIBUTION OF TRADES FOR JANUARY TO DECEMBER 2021
PAGE 8 – SECTORAL DISTRIBUTION OF TRADES FOR JANUARY TO DECEMBER 2021 CONTINUED
PAGE 9 – GRAPH OF MARKET CAPITALIZATION AND GSE COMPOSITE INDEX (DECEMBER 2020 – DECEMBER 2021)
PAGE 10 – GRAPH OF VOLUME AND VALUE TRADED (DECEMBER 2020 – DECEMBER 2021)
PAGE 11 – SECTORAL DISTRIBUTION OF MARKET CAPITALIZATION FOR DECEMBER 2021
PAGE 12 – SECTORAL DISTRIBUTION OF MARKET CAPITALIZATION FOR DECEMBER 2021 CONTINUED
PAGE 13 – PROFILE OF LISTED COMPANIES
PAGE 14 – PRIMARY ISSUANCES AND CORPORATE ACTIONS
PAGE 15 – PRIMARY ISSUANCES AND CORPORATE ACTIONS CONTINUED
PAGE 16 – BROKER RANKINGS FOR DECEMBER 2021
PAGE 17 – BROKER RANKINGS FOR JANUARY TO DECEMBER 2021
PAGE 18 – CLIENT TYPE RANKINGS FOR JANUARY TO DECEMBER 2021
PAGE 19 – CLIENT TYPE RANKINGS (DECEMBER 2020 VS 2021)

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The Ghana Stock market dropped by 20.81 points in the week under review as the benchmark GSE Composite Index (GSE-CI) closed the week at 2,847.90 translating into a YTD return of 46.68%. The GSE Financial Stock Index (GSE-FSI) however recorded an impressive week as it gained for 5 straight days, adding 17.69 points to close at 2,070.00 translating into a YTD return of 16.11% ...

At the close of the week under review, the benchmark GSE Composite Index (GSE-CI) improved as it gained 10.54 points to close at 2,867.71 translating into a YTD return of 47.75%. The GSE Financial Stock Index (GSE-FSI) however decreased by 2.89 points over the week to close at 2,052.31 translating into a YTD return of 15.12%, this is as a result of price loss made by Societe Generale PLC (SOGEGH) which lost 4.00% to close trading at GH¢1.20. Five equities recorded gains in ...