Stock Market advances by 158.29 points over the week to post 21.38% YTD returns

The GSE-Composite Index progressed by 5.64% while the GSE-Financial Stocks Index declined by 0.21% over the week, bringing their respective year-to-date performances to 21.38% and -17.75%.

There was a GH¢1,720.87 million growth in market capitalization from the previous week, as market capitalization
stood at GH¢71.96 billion.

This week, a total of twenty-five (25) equities were traded with GGBL, SOGEGH, and MTNGH appreciating by GH¢0.20, GH¢0.02 and GH¢0.01 to close at GH¢2.32, GH¢0.61 and GH¢1.45 respectively.

Conversely, ACCESS, BOPP and TOTAL shed off GH¢0.20, GH¢0.11 and GH¢0.33 concluding the week at GH¢3.60, GH¢14.00 and GH¢6.12.

A total of 5,346,896 shares cumulating to a value of GH¢ 7,722,438.61 were traded during the week representing a spike in market activity compared to the previous week.

Volume traded and value traded recorded increased 517.47% and 1016.27% week-on-week.

Scancom PLC. (MTNGH) traded the most volumes this week, totaling ¢6,552,558.70 in trade value and 88.90% of the week’s total traded value.

 

Norvanreport

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The GSE-Composite Index progressed by 5.64% while the GSE-Financial Stocks Index declined by 0.21% over the week, bringing their respective year-to-date performances to 21.38% and -17.75%.