TERM OF THE WEEK
Equity Markets: Allow investors to buy and sell shares in publicly traded companies. They are one of the most vital areas of a market economy as they provide companies with access to capital and investors with a slice of ownership in the company and the potential of gains based on the company’s future performance.
STOCK MARKET FOCUS: Ghana Stock Exchange (GSE) Composite Index decreases by 38.04 points yielding a return of -2.17% Yield-To-Date (YTD).
The benchmark GSE Composite Index (GSE-CI) at the end of this week lost 38.04 points to close at 2,728.76 showing a YTD return of -2.17% as four (4) stocks recorded losers during this week.
The Market Capitalization at the close of this week decreased by GH₵384.20million to close trading at GH₵63.7billion translating into a decline of -0.26% in 2022.
A total of 5.9million shares valued at 6.4million traded this week; an increase of 7.64% in volume traded and 8.81% increase in value traded as compared to the previous week.
CAL recorded most trades, representing 51.13% in total volume and 37.53% in total value traded this week.
Report compiled by: Ibrahim A. Obeng, Mariama Quarshie, Jeff Kumi, Desmond Agbesi and Eric Tetteh.