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GSE: Benchmark index declines 63.28 points to post -3.94% returns for investors

Osumanu Al-Hassan by Osumanu Al-Hassan
June 15, 2022
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GSE-CI closes at 2,555.05 points; posts -8.40% YTD returns for investors
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The Accra Bourse dipped further in the red as the benchmark GSE Composite Index (GSE-CI) dropped 63.28 points on the day to close at  2,679.57 representing a YTD return of -3.94%.

This was on the back of  price drop in Scancom PLC. (MTNGH) as it closed at GH¢1.00.

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The GSE  Financial Stock Index (GSE-FSI) also increased its value as it gained 13.05 points to close trading at 2,188.01 translating into a YTD return of -1.68%. 

In the aggregate, fifteen (15) equities participated in trading, ending with only one gainer namely Ecobank Transnational Inc. (ETI) as it gained GH¢0.01 to close at GH¢0.18 representing a YTD gain of 28.57% and also one decliner namely Scancom PLC. (MTNGH) as it lost GH¢0.06 to close at GH¢1.00 representing a YTD loss of 9.91%.

GAINER & DECLINER

Ticker Close Price  (GH¢)Open Price  (GH¢)Change YTD  Change
ETI 0.18 0.17 5.88% 28.57%
MTNGH 1.00 1.06 -5.66% -9.91%

Market capitalization of the GSE in view of the drop in the GSE-CI closed trading on Monday at GH¢63.53 billion.

A total of 185,641 shares valued at GH¢306,539.66 were traded  compared to 709,709 shares valued at GH¢1,588,095.7 which changed hands on Friday, 1stApril, 2022.

Cal Bank PLC. (CAL) recorded the largest volume of trades on the day while Societe Generale Ghana PLC. (SOGEGH) accounted for 25.00% of the total value traded.

TOP TRADED EQUITIES 

Ticker Volume Value (GH¢)
CAL 81,073 69,722.78
SOGEGH 64,402 76,638.38
MTNGH 18,175 18,293.80
EGH 6,758 51,360.80
ETI 6,321 1,137.78

Tags: MTN

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