TERM OF THE WEEK
Beta: Is used in the capital asset pricing model (CAPM), is a measure of the volatility or systematic risk of a security or portfolio compared to the market as a whole. Beta data about an individual stock can only provide an investor with an approximation of how much risk the stock will add to a (presumably) diversified portfolio.
STOCK MARKET FOCUS: Ghana Stock Exchange (GSE) Composite Index decrease by 3.81 points yielding a return of -8.52% Yield-To-Date (YTD).
The benchmark GSE Composite Index (GSE-CI) at the end of this week gained of 0.76 points to close at 2,551.74 showing a YTD return of -8.52% as one (1) stock recorded gainer during this week.
The Market Capitalization at the close of this week increased by GH₵8.00million to close trading at GH₵62.24billion translating into a loss of 0.03% in 2022.
A total of 2.42million shares valued at 2.17million traded this week; a decrease of 76.97% in volume traded and 77.28% decrease in value traded as compared to the previous week.
MTNGH recorded most trades, representing 88.65% in total volume and 89.14% 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.