Weekly Stock Market Report_24th February,2023


Derivatives: are financial contracts, set between two or more parties, that derive their value from an underlying asset, group of assets, or benchmark. It can trade on an exchange or over-the-counter. E.g. Forwards, options etc.

STOCK MARKET FOCUS: Ghana Stock Exchange (GSE) Composite Index gained 10.94 point yielding a return of -0.76% Yield-To-Date (YTD).

The benchmark GSE Composite Index (GSE-CI) at the end of this week gained 10.94 point to close at 2,425.37 showing a YTD return of -0.76% as two (2) stocks recorded gainer during this week and three (3) also recorded loser.

The Market Capitalization at the close of this week increased by GH₵82.33million to close trading at GH₵64.4billion.

A total of 2.34million shares valued at 4.5million traded this week; an increase of 96.54% in volume traded and 124.19% increase in value traded as compared to the previous week.

GGBL recorded most trades, representing 85.53% in total volume and also recorded 67.05% in total value traded during this week.

Report compiled by: Obeng A. Ibrahim

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