BusinessStocks

MTN Ghana dominates trading activity 99.95% of total volume on GSE

A total of 17,136,015 shares changed hands on the floor of the GSE on Monday (30 November) worth GHC 10,455,840.54

Ending the month of November on the Ghana Stock Exchange (GSE), the worth of the market went up by 0.23% (GHC 122.90 million) by end of Monday’s trading session as a result of a pesewa gain in MTN Ghana and however, declined by 6.52% from year open to end the day at GHC 53,085.70 million.

The major indices though recording negative year-to-date yields of 19.43% (-438.47 points) for the GSE- Composite Index (GSE-CI) and 19.65% (-396.84 points) for the GSE-Financial Stock Index (GSE-FSI), they closed the first trading session for this week with the GSE-CI advancing by 11.74 points to seal the day at 1,818.68 points with a four-week loss 1.01%.

The GSE-FSI on the other hand, maintained its opening level by end of the day’s trading session. With a week loss of 0.05% and a 4-week loss of 1.72%, the GSE-FSI kept its level at 1,622.81 points.

A total of 17,136,015 shares changed hands on the floor of the GSE on Monday (30 November) worth GHC 10,455,840.54.

Eight listed equities out of the thirty-nine on the GSE participated in trading activity and MTN Ghana accounted for 99.95% of total volume; trading 17,127,114 shares worth GHC 10,447,130 by close of day.

The equity was the sole gainer on the market as it went up by a pesewa (GHC0.01) to close at GHC 0.61 per share.

Societe General Ghana Ltd followed with 4,200 shares trading at GHC 0.64 per share at a sales value of GHC 2,688.

CAL Bank and Ghana Oil Company traded 3,500 shares and 529 shares each. The day saw trades in ECOBANK, GCB Bank Ltd, Total Ghana and Benso Oil Palm Plantation (BOPP).

Bertha Atubiga, Market Analyst

Asaase Radio 99.5 – tune in or log on to broadcasts online.

Follow us on Twitter: @asaaseradio995

#asaaseradio #TVOL

Show More

Related Articles

Back to top button