• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, July 9, 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 Experiences Downturn in Trading Activity

September 30, 2021
Stephen M.Cby Stephen M.C
in Securities/Markets
0
GSE Experiences Downturn in Trading Activity

The performance of Ghana Stock Exchange (GSE) trading activity declined further at the close of market on Wednesday, September 29, 2021.

According to Wednesday’s market reports, a total of 69,233 shares, corresponding to a market value of GHS 113,280.68, were traded. Compared with the previous GSE trading day (Tuesday, September 28), Wednesday’s data show 81% decline in volume and 77% decline in turnover. However, the total volume of shares traded on Tuesday was 363,858 Shares.

The decline is as a result of major stocks on the local bourse trading flat. In the aggregate, 13 GSE equities participated in trading, ending with only two gainers, namely Fan Milk, with 6.93 percent share price appreciation and Standard Chartered Bank also with 10 percent share price appreciation. However, the 11 equities traded flat. This means that, the opening prices of all the other eleven equities listed were the same as the closing prices.

RelatedPosts

Databank Forecasts Prolonged Slump in T-Bill Demand Over Low Yield Concerns

GSE Bulls Charge Back: Energy, Telecom and Financial Stocks Lead Market Rebound

GSE Poised for Sustained Momentum in H2 2025 – Market Expert Projects Further Gains

Market Performance

Some of the top movers in the last session were: Societe Generale Ghana (SOGEGH), MTN Ghana, Cal Bank and Fan Milk Ghana Limited.

Societe Generale Ghana came on top of the volume chart. It recorded the highest volume of 15,360 traded shares. This was followed by MTN Ghana which secured 14,015 total traded shares. CAL Bank also followed in the third position as the total number of shares traded stood at 14,000 share. In addition, Fan Milk also managed to secure 12,000 shares traded before the close of market.

However, the poor performance of these major equities impacted the indices.

Market Indices

Regarding the performance of GSE market indices, the benchmark GSE Composite Index (GSE-CI) inched up Marginally by 25.93 points to close at 2,838.69, representing 0.92 per cent. This also represents a 1-week gain of 0.86 per cent and a 4-week gain of 3.21 per cent and a further overall year-to-date gain of 46.2 per cent.

However, the GSE Financial Stocks Index (GSE-FSI) also increased by 2.15 percent to reach 2,052.23 points, making it a 1-week gain of 2.18 per cent and a 4-week gain of 6.38 per cent. It also recorded a year-to-date gain of 15.12 per cent.

The GSE Financial Stocks Index helps investors compare current price levels with past prices of financial stocks to calculate market performance.

In the same vein, the market capitalization also increased its value by GH¢300 million. The current market capitalization of the Ghana Stock Exchange as at last trading session on Wednesday stood at GHc 64 billion. Previously, it stood at GH¢63.7 billion.

Some experts suggest that the current underperformance of some major stocks on the local bourse can be as a result of flight to safety by most investors due to the volatility in the market which can partly be blamed on economic conditions in the country.

However, an improvement in investor confidence alongside a compelling market valuation may drive the demand for stocks across the telecommunication, banking, insurance and oil sectors in the rest of the days of the week.

Meanwhile, other analysts also state that they expect trading activity to pick up in the coming days because demand for bargain stocks has increased.

READ ALSO: MTN Ghana Claws Back Losses to Dominate GSE

Tags: Ghana Stock ExchangeMarket CapitalizationTrading Activity
Please login to join discussion
Previous Post

Ghana.gov is Serving its Purpose – FNB Boss

Next Post

Pregnant Women not Being Vaccinated for Safety Reasons- Dr Yankson

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Mass Jail Sentences Deepen Tunisia’s Political Crisis
Africa

Mass Jail Sentences Deepen Tunisia’s Political Crisis

July 9, 2025
Mustapha Gbande, Party, President.
General News

Every NDC Member Is Better Off Today – Gbande

July 9, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Mass Casualty Incidents Besmirch Gaza’s Aid Struggle

July 9, 2025
GoldBod CEO Champions Value Addition in Mining
Extractives/Energy

Ghana Poised to Reap Big from Soaring Gold Prices

July 9, 2025
Hon. Haruna Iddrisu, Ghana's Minister for Education
General News

Ghana Moves to Overhaul Scholarship Regime with New Bill

July 9, 2025
LGBTQ concerns in Ghana
General News

Ghana Slammed for UN LGBTQ Vote Abstention

July 9, 2025
Mass Jail Sentences Deepen Tunisia’s Political Crisis
Africa

Mass Jail Sentences Deepen Tunisia’s Political Crisis

by Lawrence AnkutseJuly 9, 2025
Mustapha Gbande, Party, President.
General News

Every NDC Member Is Better Off Today – Gbande

by Silas Kafui AssemJuly 9, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Mass Casualty Incidents Besmirch Gaza’s Aid Struggle

by Comfort AmpomaaJuly 9, 2025
GoldBod CEO Champions Value Addition in Mining
Extractives/Energy

Ghana Poised to Reap Big from Soaring Gold Prices

by Prince AgyapongJuly 9, 2025
Hon. Haruna Iddrisu, Ghana's Minister for Education
General News

Ghana Moves to Overhaul Scholarship Regime with New Bill

by Evans Junior OwuJuly 9, 2025
LGBTQ concerns in Ghana
General News

Ghana Slammed for UN LGBTQ Vote Abstention

by Lilian AhedorJuly 9, 2025
Mass Jail Sentences Deepen Tunisia’s Political Crisis
Mustapha Gbande, Party, President.
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
GoldBod CEO Champions Value Addition in Mining
Hon. Haruna Iddrisu, Ghana's Minister for Education
LGBTQ concerns in Ghana
[/vc_row_inner]

Recent News

  • Mass Jail Sentences Deepen Tunisia’s Political Crisis
  • Every NDC Member Is Better Off Today – Gbande
  • Mass Casualty Incidents Besmirch Gaza’s Aid Struggle
  • Ghana Poised to Reap Big from Soaring Gold Prices
  • Ghana Moves to Overhaul Scholarship Regime with New Bill
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.