The trading session on the Ghana Stock Exchange (GSE) on Wednesday ended with a 39.28-point increase in the GSE-Composite Index (GSE-CI).
The market capitalization increased by GH¢411.06 to GH¢ 63,422.94 with a year-to-date return of 44.20 percent.
An analysis conducted by the CDH Securities Limited and copied to the Ghanaian Times said the total volume of 4,210,903 shares valued at GH¢5,342,680.91 exchanged hands on the Accra bourse.
It said the most traded equity for Wednesday was MTNGH whose trade accounted for 99.75 percent of the total shares traded and 99.06 percent of the total value of shares traded.
The CDH Securities Limited said there were four price changes as the market recorded four gainers for today.
“EGH was the day’s biggest gainer as the stock price appreciated by 6.27 percent to close the market at GH¢7.80 per share,” it said.
On the Fixed Income Market, the analysis said trading as of September 7, 2021, saw the market experienced a decrease in turnover by 41.71 percent as it recorded over GH¢482 million worth of bonds, notes, and bills traded.
“The long-term dated instruments dominated the trading activities as compared to the short and medium-term securities as trades in bonds accounted for 84.77 percent of the total trades while that of bills and notes were 11.30 percent and 3.93 percent respectively,” CDH Securities Limited said.
It said the top five traded instruments were the November 26 10-year, September 23 three-year, November 22 five-year, May 26 10-year and January 23 three-year in that order as indicated in the table above, adding that all the top five traded instruments accounted for 58.48 percent of the total volume of trades.
For the forex rates from the Bank of Ghana, CDH Securities Limited showed that the cedi appreciated against the euro and the pound sterling by 0.18 percent and 0.31 percent respectively.
It said the cedi, however, remained unchanged against the dollar for today and banks increased their forex rate with regards to the euro by 0.68 percent and decreased their rates with regards to the pound sterling by 0.23 percent respectively.
On commodities, CDH Securities Limited said commodity prices displayed a varying result on the international commodities market today as Oil prices decreased by 0.78 percent.
It said gold and cocoa prices, however, decreased by 0.36 percent and 0.41 percent respectively.
