• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, August 25, 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

GSE-CI Demonstrates Resilience As Cal Bank Takes Charge of the Market

June 15, 2023
Stephen M.Cby Stephen M.C
in Securities/Markets
0
Bulls Refuse to Leave the Ghana Stock Exchange As Investors Continue to Bask in Adulation

It was a quiet day for most blue chips on the Ghana Stock Exchange (GSE) which saw the GSE Composite Index maintains stability.

In the aggregate, 14 GSE listed equities participated in trading, ending with only one gainer, namely CAL Bank, with 2% share price appreciation. Meanwhile, 13 equities recorded no uptick.

Cal Bank PLC’s (CAL) shares experienced a notable gain of GH¢0.01, closing at GH¢0.51. Notably, this trading day saw no decliners, reflecting an overall positive trend in the market.

RelatedPosts

91-Day T-Bill Yield Jumps to 10.41%

A Smart Move to Save the Cedi – Women in Forex Ghana Prez Hails BoG Directive

Turnover on GSE Soars by 199% as Trading Volume Jumps 192%

CAL began the year with a share price of GHS0.65 but has since lost 21.5% off that price valuation, ranking it 33rd on the GSE in terms of year-to-date performance.

CAL Bank is the sixth most traded stock on the Ghana Stock Exchange over the past three months (Mar 14 – Jun 14, 2023). CAL has traded a total volume of 563,112 shares valued at GHS 282,018 over the period, with an average of 8,938 traded shares per session. A volume high of 91,829 was achieved on May 2 for the same period.

CAL Bank Limited is currently the 20th most valuable stock on the GSE with a market capitalization of GHS 320 million, which makes about 0.475% of the Ghana Stock Exchange equity market.

With a marginal increase in market capitalization, which closed at GH¢67.26 billion, investors eagerly watched the performance of various equities.

Trading Activity

Trading activity saw a total volume of 60,710 shares, valued at GH¢51,892.70, across fourteen different equities. However, it was Cal Bank PLC that dominated both the volume and value charts, trading an impressive 47,445 shares valued at GH¢24,196.95.

This transaction represented a remarkable 46.63% of the total value traded, indicating significant investor confidence in the bank.

Following closely behind, Scancom Plc (MTNGH) exhibited its strength in the market, trading 5,396 shares valued at GH¢6,421.24. This accounted for 12.37% of the total value traded, cementing its position as a prominent player in the market. The rest of top movers were Ghana Oil Company (4,097) and Guinness Ghana Breweries (1,337).

With regards to the benchmark index, the GSE-Composite Index, demonstrated resilience as it recorded a modest increase of 0.60 points, closing at 2,639.42 points. This positive momentum translated into an encouraging 8.00% year-to-date (YTD) return, offering investors a reason to be optimistic about the market’s future prospects.

While the overall market performance was positive, the GSE Financial Stocks Index also experienced a noteworthy rise. It climbed by 1.09 points to close at 1,678.57 points.

However, it is important to note that the YTD return for this index stood at -18.22%, indicating a challenging period for financial stocks in general. Nevertheless, the index’s upward trajectory on this trading day might suggest the beginning of a potential recovery for financial sector equities.

READ ALSO: NPP-Gov’t Part Of Rising Debt In Energy Sector- Jinapor

Please login to join discussion
Previous Post

NPP-Gov’t Part Of Rising Debt In Energy Sector- Jinapor

Next Post

Ghana Fintech and Payment Association Alerts Consumers About Illegal Mobile Loan Operations

[mc4wp_form id="1264"]

Related Posts

Galamsey Fight Demands Policy Beyond Law Enforcement
General News

Galamsey Fight Demands Policy Beyond Law Enforcement

August 25, 2025
Hezbollah Deputy Asserts Group’s Military Capability After Israeli Strikes
Asia

Hezbollah Leader Rejects Calls For Disarmament

August 25, 2025
Botswana Declares Health Emergency Amid Drug Shortages
Africa

Botswana Declares Health Emergency Amid Drug Shortages

August 25, 2025
Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 
Extractives/Energy

Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 

August 25, 2025
Okyeame Kwame Idolises David Dontoh for His Influence
Entertainment

Okyeame Kwame Admits Hunger Split Akyeame Group

August 25, 2025
Starmer Faces Pressure Over Asylum Hotel Crisis
UK

Starmer Faces Pressure Over Asylum Hotel Crisis

August 25, 2025
Galamsey Fight Demands Policy Beyond Law Enforcement
General News

Galamsey Fight Demands Policy Beyond Law Enforcement

by Silas Kafui AssemAugust 25, 2025
Hezbollah Deputy Asserts Group’s Military Capability After Israeli Strikes
Asia

Hezbollah Leader Rejects Calls For Disarmament

by Comfort AmpomaaAugust 25, 2025
Botswana Declares Health Emergency Amid Drug Shortages
Africa

Botswana Declares Health Emergency Amid Drug Shortages

by Lawrence AnkutseAugust 25, 2025
Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 
Extractives/Energy

Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 

by Prince AgyapongAugust 25, 2025
Okyeame Kwame Idolises David Dontoh for His Influence
Entertainment

Okyeame Kwame Admits Hunger Split Akyeame Group

by Esther Korantemaa OffeiAugust 25, 2025
Starmer Faces Pressure Over Asylum Hotel Crisis
UK

Starmer Faces Pressure Over Asylum Hotel Crisis

by Lawrence AnkutseAugust 25, 2025
Galamsey Fight Demands Policy Beyond Law Enforcement
Hezbollah Deputy Asserts Group’s Military Capability After Israeli Strikes
Botswana Declares Health Emergency Amid Drug Shortages
Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 
Okyeame Kwame Idolises David Dontoh for His Influence
Starmer Faces Pressure Over Asylum Hotel Crisis
[/vc_row_inner]

Recent News

  • Galamsey Fight Demands Policy Beyond Law Enforcement
  • Hezbollah Leader Rejects Calls For Disarmament
  • Botswana Declares Health Emergency Amid Drug Shortages
  • Solar Energy Most Economically Viable for Nigeria’s Power Mix – REA Boss 
  • Okyeame Kwame Admits Hunger Split Akyeame Group
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.