• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 15, 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 Produces its First Mix Result For the New Year

January 17, 2022
Stephen M.Cby Stephen M.C
in Securities/Markets
0
More Ups and Downs on the Local Bourse

The Ghana Stock Exchange (GSE) was adrift on the final day of the week, as two major stocks posted gains and another two also posted losses at the end of a mixed session, while the market continued to witness bargain hunting for value stocks from investors.

Strong demand in the stocks of market leader such as, MTN Ghana and a new entrant such as Trust Bank Gambia, buoyed a sterling performance of the listed equities to further inch up the GSE all-share index.

On the other hand, losses in Cal Bank and Fan Milk Limited reduced the performance of the local bourse.

RelatedPosts

GSE Defies Low Turnover with Strong Index Growth and Billion-Cedi Market Cap

Interest Rate Hike: A Short-Term Threat to Ghana’s Stock Market Performance – Analyst Warns

GCB Bank Stumbles with 4.04% Plunge on GSE

In all, 10 GSE equities participated in trading, ending with two gainers and two losers. The two gainers were Trust Bank Gambia (+2.94%) and MTN Ghana (+0.93%). The two losers on the day were CAL Bank (-5.75%) and Fan Milk (-1.25%).

The Trust Bank Gambia (TBL) closed its trading day (Friday, January 14, 2022) at GH¢0.35 per share on the Ghana Stock Exchange, recording a 2.94 percent gain over its previous closing price of GH¢0.34. Trust Bank Gambia began the year with a share price of 0.34 GHS and has since gained 2.94% on that price valuation, ranking it first on the GSE in terms of year-to-date performance.

However, Trust Bank Gambia is the 20th most traded stock on the Ghana Stock Exchange over the past three months (Oct 13, 2021 – Jan 14, 2022). TBL has traded a total volume of 5,880 shares valued at GHc 2,058 over the period, with an average of 93 traded shares per session. A volume high of 5,666 was achieved on January 14, for the same period.

Similarly, MTNGH closed its trading day (Friday, January 14, 2022) at GHc1.09 per share on the Ghana Stock Exchange, recording a 0.93% gain over its previous closing price of GHc1.08. MTN began the year with a share price of GHc1.11 but has since lost 1.8% off that price valuation, ranking it fourth on the GSE in terms of year-to-date performance. The marginal gain by MTN could allay shareholders’ worries by the fact that MTNGH is beginning to recover the 6% loss suffered from December 13 to date.

Losers

CAL closed its trading day (Friday, January 14, 2022) at GHc0.82 per share on the Ghana Stock Exchange (GSE), recording a 5.75% share price depreciation from its previous closing price of GHS0.87. CAL began the year with a share price of GHc0.87, but has since lost 5.75% off that price valuation, ranking it fifth on the GSE in terms of year-to-date performance.

CAL Bank is the second most traded stock on the Ghana Stock Exchange over the past three months (Oct 13, 2021 – Jan 14, 2022). CAL has traded a total volume of 4.74 million shares valued at GHS 3.86 million over the period, with an average of 75,213 traded shares per session. A volume high of 1.35 million was achieved on November 11, 2021 for the same period.

Another loser on the day was Fan Milk Limited (FML). It closed its trading day (Friday, January 14, 2022) at GHc3.95 per share on the Ghana Stock Exchange, recording a 1.25% drop from its previous closing price of GHc4.00. Fan Milk began the year with a share price of GHc4.00 but has since lost 1.25% off that price valuation, ranking it third on the GSE in terms of year-to-date performance.

mfile 1626447 1 20211229161754
Stocks prices fall

Market Activity Improves

Friday’s performance led to an improvement in the market activity. At the end of the last weekday of trading on the Ghana Stock Exchange (GSE), a total of 1,012,020 shares, corresponding to a market value of GHS 1,854,295.19, were traded. Compared with the previous GSE trading day (Thursday, January 13), Friday’s data showed 248% improvement in volume and 447% improvement in turnover.

Topping the chart of most traded stocks by volume was MTN Ghana. MTN Ghana recorded the highest volume of 917,050 traded shares, followed by Standard Chartered Bank (35,465), CAL Bank (19,015) and Enterprise Group (17,646).

With regards to the performance of GSE market indices, the benchmark GSE Composite Index (GSE-CI) climbed 8.38 (0.3%) points to close at 2,762.03 points, representing a week on week gain of 0.72%. However, it led to a month on month loss of 1.71%, and an overall year-to-date loss of 0.98%.

The GSE Financial Stocks Index (GSE-FSI), on the other hand, decreased by 0.24% to 2,146.76 points, making it a week on week loss of 0.24%, a month on month gain of 3.53%, and a year-to-date loss of 0.24%.

The current market capitalization of the Ghana Stock Exchange stands at GHS 64.2 billion, which is an advancement on the previous one.

READ ALSO: Tonga Calls for ‘Immediate Aid’ Over Volcanic Eruption

Tags: GSEMix resultMTN Ghana
Please login to join discussion
Previous Post

Tonga Calls for ‘Immediate Aid’ Over Volcanic Eruption

Next Post

Bullish Near-Term Prices of LNG to Strain Industrial Use, Increase Energy Sector Debts

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

President John Dramani Mahama
General News

Mahama Commits to Developing the Western North Region

July 15, 2025
Hon. Sammy Awuku, Fuel, Appointees
General News

Minority Labels Mahama’s Fuel Cut Directive a PR Gimmick

July 15, 2025
Burna Boy Worried Over Small Crowd at Wireless Festival
Entertainment

Burna Boy Retracts Afrobeats Comments

July 15, 2025
EU Launches Preparedness Union Strategy
Europe

Individuals, Entities Sanctioned For Destabilising Moldova’s Democracy

July 15, 2025
UK Ends Secret Afghan Relocation Scheme
UK

UK Ends Secret Afghan Relocation Scheme

July 15, 2025
COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’
Extractives/Energy

COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’

July 15, 2025
President John Dramani Mahama
General News

Mahama Commits to Developing the Western North Region

by Evans Junior OwuJuly 15, 2025
Hon. Sammy Awuku, Fuel, Appointees
General News

Minority Labels Mahama’s Fuel Cut Directive a PR Gimmick

by Silas Kafui AssemJuly 15, 2025
Burna Boy Worried Over Small Crowd at Wireless Festival
Entertainment

Burna Boy Retracts Afrobeats Comments

by Esther Korantemaa OffeiJuly 15, 2025
EU Launches Preparedness Union Strategy
Europe

Individuals, Entities Sanctioned For Destabilising Moldova’s Democracy

by Comfort AmpomaaJuly 15, 2025
UK Ends Secret Afghan Relocation Scheme
UK

UK Ends Secret Afghan Relocation Scheme

by Lawrence AnkutseJuly 15, 2025
COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’
Extractives/Energy

COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’

by Stephen M.CJuly 15, 2025
President John Dramani Mahama
Hon. Sammy Awuku, Fuel, Appointees
Burna Boy Worried Over Small Crowd at Wireless Festival
EU Launches Preparedness Union Strategy
UK Ends Secret Afghan Relocation Scheme
COPEC Lauds Mahama for Ending Appointee Fuel Perks—Calls It ‘Forward-Thinking!’
[/vc_row_inner]

Recent News

  • Mahama Commits to Developing the Western North Region
  • Minority Labels Mahama’s Fuel Cut Directive a PR Gimmick
  • Burna Boy Retracts Afrobeats Comments
  • Individuals, Entities Sanctioned For Destabilising Moldova’s Democracy
  • UK Ends Secret Afghan Relocation Scheme
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.