GSE declines; returns 41.11% to investors
The Ghana Stock Market at the close of the week lost 15.08 points to close the week with a YTD return of 41.11% on the back of price decline in Scancom PLC (MTNGH). On the other hand, five (5) equities made gains during the week under review.
As a result, the benchmark GSE Composite Index (GSE-CI) closed the week at 2,739.84.
The GSE Financial Stock Index (GSE-FSI) however made a gain of 4.19 points to close the week at 1,914.10 translating into a Year-to-Date (YTD)return of 7.37%.
Volume traded was 3.35 million shares valued at GH¢5.04 million.
Eighteen (18) equities changed hands with Scancom PLC. (MTNGH) dominating trading activity, accounting for 65.80% of total value traded as Market Capitalization dropped to close the week at GH¢62.62billion representing 15.18%growth for the year.
Details of the Daily Equity Market report of SIC Brokerage:
Weekly Capital Market Recap Week Ending 27.08.2021 by Fuaad Dodoo on Scribd
