Weekly market review - October 14, 2022
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Inflation climbed higher to 37.20% in August (August 2022: 33.90%). Inflation rate has surge 195.24% since the beginning of year to date.
Ghana Stock Exchange
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The Ghana Stock Exchange lost grounds during the week under review after recording one gainer and one loser. Trust Bank Gambia Ltd rose 4.17% to GHS0.50, whereas GCB Bank PLC
lost 1.25% to GHS3.95.
The GSE Composite index as a result lost 0.89 points, bringing its index-point total to 2,460.44 (YTD: -11.79%). The Financial Index also fell 1.61 points to 2,068.16 index points (YTD change: -
3.89%). During the week, a total volume of 3.55 million shares estimated at a value of GH¢59.62 million were traded in twenty-four (24) equities
Attached below is a weekly market for the week ending October 7, 2022 by NIMED Capital Limited (“NIMED”) and Young Investors Network (YIN).
