Local bourse tumbles 4.89 points over the week; posts -0.59% YTD returns
Followed by FML, UNIL, GCB, CAL and, GOIL recording price declines of GH¢0.30, GH¢0.27, GH¢0.04, GH¢0.02 and GH¢0.01 to close at GH¢2.70, GH¢2.58, GH¢3.90, GH¢0.56 and GH¢1.70 per share respectively.
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Market activity for the week fell 4.89 points to close at 2,429.55 points translating into a YTD return of -0.59%.
The GSE Financial Stock Index (GSE-FSI) also lost 4.02 points to close at 2,040.96 points translating into a YTD return of -0.57%.
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Fifteen (15) equities traded over the week, ending with a gainer and six (6) stocks recording price declines.
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BOPP recorded a price gain of GH¢0.80 to close at GH¢8.80 per share. GLD led the losers’, losing GH¢3.55 to close at GH¢243.20 per share.
Followed by FML, UNIL, GCB, CAL and, GOIL recording price declines of GH¢0.30, GH¢0.27, GH¢0.04, GH¢0.02 and GH¢0.01 to close at GH¢2.70, GH¢2.58, GH¢3.90, GH¢0.56 and GH¢1.70 per share respectively.
As a result, market capitalization decreased by GH¢58.50 million to close the trading week at GH¢64.50 billion.
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A total of 119,777 shares cumulating to a value of GH¢2,068,375.71 were traded during the week.
This week’s data shows a decrease of 82.74% in volume traded and an increase of 34.69% in trade turnover.
MTNGH emerged as the most traded stock during the week whilst GLD accounted for 93.20% of total value traded.
| Ticker | Close Price (GH¢) | Open Price (GH¢) | Price Change | Y-t-D Change |
| BOPP | 8.80 | 8.00 | 0.80 | 15.03% |
| GOIL | 1.70 | 1.71 | -0.01 | -1.16% |
| CAL | 0.56 | 0.58 | -0.02 | -13.85% |
| GCB | 3.90 | 3.94 | -0.04 | -1.02% |
| UNIL | 2.58 | 2.85 | -0.27 | -33.51% |
| FML | 2.70 | 3.00 | -0.30 | -10.00% |
| GLD | 243.20 | 246.75 | -3.55 | 11.66% |
Source: norvanreports.com
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