INVESTMENT TERM OF THE WEEK
Ex-Dividend: Ex-dividend describes a stock that is trading without the value of the next dividend payment. The ex-dividend date or "ex-date" is the day the stock starts trading without the value of its next dividend payment.
EQUITY MARKET HIGHLIGHTS: GSE Composite Index dipped further by 17.50 points to return 46.38% YTD.
The benchmark GSE Composite Index (GSE-CI) at the close of the week under review dropped further by 17.50 points to close at 2,842.07 translating into a YTD return of 46.38% as a result of loses made by four (4) equities during the week. The GSE Financial Stock Index (GSE-FSI) however gained 10.88 points to close at 2,089.21 translating into a YTD return of 17.19%.
The Market Capitalization at the close of the week decreased by GH¢1.26 million to close trading at GH¢64.21billion representing a growth of 18.11 % in 2021.
A total of 10.24 million shares valued at GH¢1.34 million traded; a decrease of 87.91% in volumes traded and 90.41 % in values traded as compared to the previous week. Scancom PLC. (MTNGH) recorded most trades, accounting for 81.4% of the total value
JUSTIFICATIONS FOR INCLUDING STOCKS IN A PORTFOLIO
Except for a few short periods, stocks have consistently outpaced the rate of
Godwin Kojo Odoom: Senior Research Analyst
Edna Awurama Fosua: Analyst
Nelson Cudjoe Kuagbedzi: Analyst
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