INVESTMENT TERM OF THE WEEK
Portfolio: It is a collection of investments owned by one organization or individual, and managed as a collective whole with specific investment goals in mind.
EQUITY MARKET HIGHLIGHTS: The Ghana Stock Market lost 46.98 points to close at 2,742.336; returns -1.68% YTD.
The benchmark GSE Composite Index (GSE-CI) at the close of the week lost 46.98 points to close at 2,742.36 translating into a YTD return of -1.68%. The GSE Financial Stock Index (GSE-FSI) on the other hand remained flat to close the week at 2,151.85 translating into a YTD return of 0.00%. Scancom PLC. (MTNGH) at the close of the week shed GH¢0.04 to close at GH¢1.07 causing Market Capitalization to decrease by GH¢487.71 million over the week to close the opening trading week of the year at GH¢64 billion
A total of 25.06 million shares valued at GH¢26.52 million traded during the week compared to 5.08 million shares valued at GH¢6.72 million which traded the previous week.
Scancom PLC. (MTNGH) recorded the most trades accounting for 99.6% and 99.0% of the total value and volume traded respectively.
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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