WEEKLY STOCK MARKET REPORT_22TH APRIL,2022

TERM OF THE WEEK

Earnings: Are the company after tax net income or profits in a given quarter of fiscal year. Earnings help when assessing a company’s profitability and are a major factor in determining a company’s price. In simple terms, earnings refer to how much money a company makes minus costs.

STOCK MARKET FOCUS: Ghana Stock Exchange (GSE) Composite Index decrease by 0.68 points yielding a return of -3.32% Yield-To-Date (YTD).

The benchmark GSE Composite Index (GSE-CI) at the end of this week lost -0.68 points to close at 2,696.67 showing a YTD return of -3.32% as one (1) stock recorded loser during this week.

The Market Capitalization at the close of this week decreased by GH₵7.09million to close trading at GH₵64.04billion translating into a gain of 0.25% in 2022.

A total of 10.98million shares valued at 10.98million traded this week; an increase of 431.58% in volume traded and 532.11% increase in value traded as compared to the previous week.

MTNGH recorded most trades, representing 98.57% in total volume and 98.54% 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.

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