Market Watch
Today’s market session saw activity across 12 tickers.
Total trade volume and value was 46,117 and GHS 96,390.04 (~USD 17,026.82) respectively.
There were 3 gainers and 1 laggard at the close of trading today. Total Petroleum Ghana Ltd led the gainers with a 7.88% rise to close at GHS 3.15 per share whilst Ghana Oil Company Limited shed off a pesewa to close at GHS 1.66 per share. The highest volume of shares traded today was 35,400 of Société Générale Ghana Limited shares (SOGEGH) whilst the highest value of shares traded today was GHS 64,770.00 worth of Ecobank Ghana shares (EGH) (~USD 11,441.30).
Stock Tickers
| Stock
|
Previous Price 'GHS
|
Closing Price 'GHS
|
PE(x)
|
|
Change
|
Change (%)
|
| TOTAL
|
2.92
|
3.15
|
5.5
|
↑
|
+0.23
|
7.88
|
| SCB
|
13.00
|
14.00
|
7.9
|
↑
|
+1.00
|
7.69
|
| ACCESS
|
2.75
|
2.88
|
4.2
|
↑
|
+0.13
|
4.73
|
| GOIL
|
1.67
|
1.66
|
5.5
|
↓
|
-0.01
|
-0.60
|
Indices
The GSE-CI (increased by 17.43 points) and the GSE-FSI (increased by 24.48 points) closed at 2,162.05 and 1,829.75 respectively.
YTD of the GSE-CI and GSE-FSI are recorded at -15.95% and -15.04% respectively.
MTN slapped with over GH¢100K fine
Mobile network operator MTN has been sanctioned by the National Communications Authority (NCA) over the recent challenges with its data bundles to customers. Despite MTN compensating affected customers, NCA handed the telecommunications firm with an initial fine of GH¢10,000 for failure to submit a report on the challenges within 24 hours as stipulated in Section N(7) of NCA’s gazette schedule of penalties. The fine will persist for each day until MTN submits the report, NCA said in a press release on Thursday, December 5.
(https://www.ghanaweb.com/GhanaHomePage/business/MTN-slapped-with-over-GH-100K-fine-807214)
Currency News
The local unit closed at 5.5341/5.5397 against the US Dollar on the interbank market.
Day % Ch GHS/USD: 0.00%
1-Month %Ch GHS/USD: -3.52%
3-Month %Ch GHS/USD: -4.28%
YTD Cedi Depreciation Against USD: -12.95%
52 Week Range: 4.8080 – 5.5369