Week in Focus: Movers on Ghana Stock Exchange

The excitement and the momentum continues on Ghana Stock Exchange as stocks continue the bullish trends making GSE the best performing stock market so far in the world. Year to Date (YTD) return is hitting 30% already and the bond market is seeing more activities. The confidence is amazing and it is expected to continue as fund managers begin to have less options for high returns.

For this week (19-23 Feb), eighteen (18) price changes were recorded with 11 gainers and 7 losers. The gainers were CMLT, PZC, SOGEGH, ETI, SIC, GGBL, BOPP, GOIL, SCB, CAL, UNIL. The losers were FML, TOTAL, EGH, ACCESS, GCB, HFC, PBC.

The Total volume of trades for the week was 2.8m, a decrease by -14.55% on the previous week. The total value traded decreased by -30.67% from last week with a value of GHS 7.7m. The GSE CI lost -0.06% to close at 29.34% YTD while the FSI lost -0.43% to close at 34.76% YTD.

Weekly equity
Movers  & Shakers of the Week: 19-23 Feb 2018 – GSE

GSE has recorded a 1 year return of about 82% and that is supper impressive.

GSE 1 year return
Courtesy: Bloomberg


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