Trading activity on GSE declines by 51%

Nine listed equities participated in trading activity on the Ghana Stock Exchange (GSE) resulted in total volume and value declining by 51% and 43% respectively comparing it to Tuesday’s trading session.

A total of 499,930 shares exchanged hands at a sales value of GHC534,154.51 by end of the day.

MTN Ghana dominated trading activity with 410,706 shares trading at GHS 0.80 per share worth GHC 328,565.

Ghana Oil Company followed with 62,373 shares trading at GHC 1.51 and GCB at GHC 4.50 changed 23,870 shares at GHC94,183.00.

Ecobank Transnational (ETI) was fourth with 1,081 shares trading at GHC 0.08 and CAL Bank and Republic Bank Ghana Ltd (RBGH) traded 500 shares each at GHC 0.75 and GHS 0.45 respectively.

The GSE market capitalization remained unchanged at GHC 56,874.52 million. With regards to the major indices, both the GSE-Composite Index (GSE-CI) and GSE-Financial Stock Index (GSE-FSI) maintained their opening levels at 2,174.44 points and 1,867.87 points.

The GSE-CI still records a week-to-date return of +3.89%, a four-week gain of 9.66%, and the year-to-date yield of +11.99% and the GSE-FSI on the other hand records a week-to-date loss of 0.07%, a four week gain of 3.62%, and a year-to-date gain of 4.77%.

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