TERM OF THE WEEK
Haircut: Is the reduction applied to the value of an asset for the purpose of calculating the capital requirement, margin, and collateral level. Generally, is used to describe a financial loss on an investment.
STOCK MARKET FOCUS: Ghana Stock Exchange (GSE) Composite Index having 0.00 point yielding a return of 0.00% Yield-To-Date (YTD).
The benchmark GSE Composite Index (GSE-CI) at the end of this week were 0.00 point to close at 2,443.91 showing a YTD return of 0.00% as one (1) stock recorded gainer during this week.
The Market Capitalization at the close of this week increased by GH₵79.15million to close trading at GH₵64.58billion.
A total of 0.124million shares valued at 2.08million traded this week; a decrease of -79.43% in volume traded and -30.43% decrease in value traded as compared to the previous week.
MTNGH recorded most trades, representing 62.49% in total volume and but GLD recorded 94.93% in total value traded during this week.
Report compiled by: Obeng A. Ibrahim