Blue Chip: Blue Chips are companies that have a long history of good earnings, good balance sheets and regularly increasing dividends. These are strong companies that are likely to give high returns over time.

EQUITY MARKET HIGHLIGHTS: Benchmark GSE-CI closes higher; returns 41.21% (YtD)
Trading activity during the week in focus saw the market extend gains recorded in the previous week as a result of price appreciation in three equities. Due to this, the benchmark Composite Index gained 2.60 points over the week to close at 2,744.25 representing a Year-to-Date return of 41.34%.
Unilever PLC (UNIL) leads the gainers as it appreciated 9.77% over the week to close at GH¢2.92.

The GSE Financial Stock Index (GSE-FSI) also made a marginal loss as it closed the week with -1.78 points to close at 1,909.61 translating into Year-to-Date (YtD) return of 7.12%.

Trade turnover dropped to 2.4 million shares valued at GH¢4.09 million changed hands in fourteen (14) equities with Scancom PLC. (MTNGH) dominating trading activity, accounting for 58.8% of total value traded as Market Capitalization improved to close the week at

EQUITY UNDER REVIEW: SCANCOM PLC (MTNGH)
Share Price GH¢1.26
Price Change (YtD) 96.88%
Market Cap. (GH¢) 15,363.09
Dividend Yield 6.40%
Earnings Per Share GH¢0.1413
Avg. Daily Trade Volumes 1,904,181
Value Traded (YtD) GH¢254,119,633.00

MTNGH released its Half Year 2021 financial results. The company reported a growth of 24.9% in Total Revenue to GH¢3.6 Billion as Profit Before Tax improved to GH¢1.3 Billion representing a 35.5% growth from previous year. The company also reported an increase in active data subscribers by 1.8% to 11.4 million but a decrease in active Mobile Money users by 1.9% to 10.5 million.

Indicator Current Week Previous Week Change
GSE-Composite Index 2,744.25 2,741.65 2.60 pts
YTD (GSE-CI) 41.34% 41.21% 0.32%
GSE-Finance Stock Index 1,909.61 1,911.39 -1.78 pts
YTD (GSE-FSI) 7.12% 7.22% -1.39%
Market Cap. (GH¢ MN) 62,675.43 62,648.18 27.25
Volume Traded 2,483,897 5,787,183 -57.08%
Value Traded (GH¢) 4,099,877.22 6,427,541.05 -36.21%

TOP TRADED EQUITIES
Volume Value (GH¢)
1,912,742 2,410,055.00
200,988 140,692.00
152,280 1,113,160.00
142,740 14,274.00
43,019 66,679.00

58.8% of value traded

GAINERS
Ticker Close Price (GH¢) Open Price (GH¢) Change Y-t-D Change
UNIL 2.92 2.66 9.77% -64.78%
TOTL 4.20 4.01 4.74% 48.41%
EGH 7.31 7.30 0.14% 1.53%
DECLINERS
Ticker Close Price (GH¢) Open Price (GH¢) Change Y-t-D Change
SCB 18.50 18.60 -0.54% 13.43%

SUMMARY OF JULY 2021 EQUITY MARKET ACTIVITIES
EQUITIES
Indicator Jan.-Jul. 2021 Jan.-Jul. 2020 % Change
GSE-CI YtD CHANGE 39.95% -16.81%
VOLUME 349.5 M 332.6 M 5.08
VALUE (GH¢) 341.22 M 235.38 M 44.97
GSE-CI 2,717.30 1,877.64 44.70
MKT. CAP. (GH¢M) 62,248.75 52,722.06 18.07
ADVANCERS ETI, GGBL, BOPP, TOTAL, SOGEGH, FML, MTNGH
DECLINERS GCB, CPC, UNIL
Source: Ghana Stock Exchange