TERM OF THE WEEK
Bonds: Represent a form of borrowing. When you buy a bond, typically from the government or a corporation you are essentially lending them the money. You receive periodic interest payments and get back the loaned amount at the time of the bond’s maturity or the defined term at which the bond can be redeemed.
STOCK MARKET FOCUS: Ghana Stock Exchange (GSE) Composite Index increases by 36.12 points yielding a return of -2.11% Yield-To-Date (YTD).
The benchmark GSE Composite Index (GSE-CI) at the end of this week gained 36.12 points to close at 2,730.59 showing a YTD return of -2.11% as four (4) stocks recorded gainers and one (1) losers during this week.
The Market Capitalization at the close of this week increased by GH₵378.08million to close trading at GH₵63.24billion translating into a decline of 1.00% in 2022.
A total of 43.8million shares valued at 45.4million traded this week; an increase of 433.13% in volume traded but 1,438.72% decrease in value traded as compared to the previous week.
MTNGH recorded most trades, representing 90.13% in total volume and 93.94% in total value traded during this week.
Report compiled by: Ibrahim A. Obeng, Mariama Quarshie, Jeff Kumi, Desmond Agbesi, Eric Tetteh and Ishmael D. Tsibu.