TERM OF THE WEEK
Portfolio Income: is money received from investments, dividends, interest, and capital gains. Portfolio income generally gets favorable tax treatment compared to active or passive income. Is not subject to Social Security. Royalties received from investment property also are considered portfolio income sources.
STOCK MARKET FOCUS: Ghana Stock Exchange (GSE) Composite Index decrease by 3.81 points yielding a return of -8.55% Yield-To-Date (YTD).
The benchmark GSE Composite Index (GSE-CI) at the end of this week loss of 3.81 points to close at 2,550.98 showing a YTD return of -8.55% as two (2) stock recorded gainer and one (1) stock recorded loser during this week.
The Market Capitalization at the close of this week decreased by GH₵39.9million to close trading at GH₵62.24billion translating into a loss of 0.01% in 2022.
A total of 10.55million shares valued at 9.57million traded this week; an increase of 120% in volume traded and 123.21% increase in value traded as compared to the previous week.
MTNGH recorded most trades, representing 82.38% in total volume and 81.73% 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.