• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 23, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Fan Milk Stocks Drag Ghana Stock Exchange; Composite Index Falls by 0.14%

M.Cby M.C
October 28, 2021
Reading Time: 3 mins read
M.Cby M.C
in Securities/Markets
0
GSE Bull Run: Market Capitalization Hits GHS 140 Billion

Ghana’s main stock index fell on Wednesday, October 27, as Consumer Goods sector shares lost its footing as a result of Fan Milk PLC shares prices that slumped at the end of the trading session, while investors eagerly await the Finance Minister’s budget reading next month, November.

The Ghanaian equities market began the new trading day of Wednesday on a bearish note as sell pressure on Fan Milk PLC worsened, subsequently driving negative performance as the Ghana Stock Exchange Composite Index (GSE-CI) slid by 4.11 points to close at 2,851.90 points; formerly, the GSE Composite Index stood at 2856.01 points, representing a 0.14 per cent lost.

It is worth noting that Fan Milk Ghana Limited ( FML) closed its trading day (Wednesday, October 27, 2021) at GHS4.50 per share on the Ghana Stock Exchange (GSE), recording a 10 percent drop from its previous closing price of GHS5.00. Interestingly, Fan Milk began the year with a share price of GHS1.08 and has since gained 317% on that price valuation, ranking it first on the GSE in terms of year-to-date performance. Having this impressive performance in sight, shareholders can be optimistic about FML, knowing the stock has accrued an outstanding 54% over the past one month period alone—second best on GSE.

RelatedPosts

GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up

Yields Climb as Treasury Struggles to Hit Targets in Latest Auction

GSE Trading Volume Crashes 90% in a Quiet Session

Fan Milk is the fifth most traded stock on the Ghana Stock Exchange over the past three months, dating from July 29, 2021 to October 27, 2021. Fan Milk Limited has traded a total volume of 1.28 million shares valued at GHS 4.58 million over the period, with an average of 20,326 traded shares per session. A volume high of 210,951 was also achieved on October 6, for the same period.

Gainers

However, a late comeback move from Benso Oil Palm Plantation (BOPP) which gained 9.09 percent and Total Petroleum Ghana which also appreciated by 0.2 percent have limited the impact of lost the Ghana Stock Exchange suffered from Fan Milk PLC, though not enough prevent the GSE-CI from crossing the red zone.

ADVERTISEMENT

BOPP closed its trading day (Wednesday, October 27, 2021) at GHS4.80 per share on the Ghana Stock Exchange, recording a 9.09 percentage gain over its previous closing price of GHS4.40.

On the other hand, TOTAL Petroleum Ghana Limited also closed its trading day (Wednesday, October 27, 2021) at GHS5.02 per share on the Ghana Stock Exchange (GSE), recording a 0.2 percentage gain over its previous closing price of GHS5.01.

According to Wednesday’s market report, the level of trading activity declined as volume and value traded fell.

At the end of Wednesday’s trading session on the Ghana Stock Exchange (GSE), a total of 70,436 shares, corresponding to a market value of GHS 107,157.65, were traded. Compared with the previous GSE trading day (Tuesday, October 26), Wednesday’s data show 74 percent decline in volume and 67 percent decline in turnover.

Volume Leaders

The most traded stocks by volume were Republic Bank Ghana, MTN Ghana and Fan Milk Ghana. Republic Bank Ghana recorded the highest volume of 30,000 traded shares, toppling MTN Ghana from the top position in the process. Meanwhile, it was followed by MTN Ghana (26,090), Fan Milk (5,300) and Benso Oil Palm Plantation (4,319).

Moreover, the GSE Financial Stocks Index (GSE-FSI) maintained its value at 2,082.12 points, while the market capitalization declined by GHS100 million. The current market capitalization of the Ghana Stock Exchange stands at GHS 64.1 billion.

READ ALSO: Employers are Required to pay Medical Expenses of Employees – SIC

Tags: Fan Milk GhanaGhana Stock ExchangeGSE-CI
Please login to join discussion
Previous Post

It would’ve been better to ask MPs to vote secretly- Emmanuel Anyimadu

Next Post

“Eat less food until 2025”- Kim Jong Un orders starving North Koreans

Subscription Form

Related Posts

GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up
Securities/Markets

GSE Tumbles as Benchmark Index Sheds Over 20 Points in Midweek Shake-Up

October 23, 2025
Yields Climb as Treasury Struggles to Hit Targets in Latest Auction
Securities/Markets

Yields Climb as Treasury Struggles to Hit Targets in Latest Auction

October 22, 2025
GSE Trading Volume Crashes 90% in a Quiet Session
Securities/Markets

GSE Trading Volume Crashes 90% in a Quiet Session

October 21, 2025
GSE Ends September with a Bang — Composite Index Climbs Past 8,000 Points in Spectacular Market Comeback
Securities/Markets

GSE Ends September with a Bang — Composite Index Climbs Past 8,000 Points in Spectacular Market Comeback

October 20, 2025
Ghana Stock Exchange Ends Week Strong As GSE Financial Stocks Surge 2.9% in a Week
Securities/Markets

Ghana Stock Exchange Ends Week Strong As GSE Financial Stocks Surge 2.9% in a Week

October 18, 2025
GSE Dips 12 Points as NewGold ETF, MTN Ghana, and Access Bank Drag Market Down
Securities/Markets

GSE Dips 12 Points as NewGold ETF, MTN Ghana, and Access Bank Drag Market Down

October 17, 2025
Putin’s Failure To Attend Istanbul Talks Decried
Europe

Putin Criticises US Sanctions On Russian Oil Giants

by Comfort AmpomaaOctober 23, 2025
Swelling Trade Cost, Africa Loses US$5b Annually– AfCFTA
Business

Swelling Trade Cost, Africa Loses US$5b Annually– AfCFTA

by Michael Teye-Bio NaduteyOctober 23, 2025
Brazil's President, Luiz Inacio Lula da Silva.
Around the Globe

Lula To Seek Historic Fourth Term In 2026

by Comfort AmpomaaOctober 23, 2025
MahamaCares Partners Health Professionals for Healthcare Delivery Improvement
General News

MahamaCares Partners Health Professionals for Healthcare Delivery Improvement

by Emmanuel Tibila BoasahOctober 23, 2025
Galamsey Threat Puts Ghana’s Water Security at Breaking Point
General News

Developer’s Encroachment Threatens Kpeve Water Production – GWL

by Silas Kafui AssemOctober 23, 2025
OmniBSIC’s ‘Limitless Banking’ Strategy Breaks Barriers for Persons with Disabilities
Banking

OmniBSIC’s ‘Limitless Banking’ Strategy Breaks Barriers for Persons with Disabilities

by M.COctober 23, 2025
Putin’s Failure To Attend Istanbul Talks Decried
Swelling Trade Cost, Africa Loses US$5b Annually– AfCFTA
Brazil's President, Luiz Inacio Lula da Silva.
MahamaCares Partners Health Professionals for Healthcare Delivery Improvement
Galamsey Threat Puts Ghana’s Water Security at Breaking Point
OmniBSIC’s ‘Limitless Banking’ Strategy Breaks Barriers for Persons with Disabilities

Recent News

Putin’s Failure To Attend Istanbul Talks Decried

Putin Criticises US Sanctions On Russian Oil Giants

October 23, 2025
Swelling Trade Cost, Africa Loses US$5b Annually– AfCFTA

Swelling Trade Cost, Africa Loses US$5b Annually– AfCFTA

October 23, 2025
Brazil's President, Luiz Inacio Lula da Silva.

Lula To Seek Historic Fourth Term In 2026

October 23, 2025
MahamaCares Partners Health Professionals for Healthcare Delivery Improvement

MahamaCares Partners Health Professionals for Healthcare Delivery Improvement

October 23, 2025
Galamsey Threat Puts Ghana’s Water Security at Breaking Point

Developer’s Encroachment Threatens Kpeve Water Production – GWL

October 23, 2025
OmniBSIC’s ‘Limitless Banking’ Strategy Breaks Barriers for Persons with Disabilities

OmniBSIC’s ‘Limitless Banking’ Strategy Breaks Barriers for Persons with Disabilities

October 23, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address