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 rebounds, gains 19.67 points to close at 2,762.03; returns -0.98% YTD.
The benchmark GSE Composite Index (GSE-CI) at the close of the week improved by 19.67 points to close at 2,762.03 translating into a YTD return of -0.98%. The GSE Financial Stock Index (GSE-FSI) on the other hand slipped by 5.09 points to close the week at 2,146.76 translating into a YTD return of -0.24%. Trust Bank Gambia (TBL) and Scancom PLC. (MTNGH) at the close of the week both gained GH¢0.01 and GH¢0.02 to close at GH¢0.35 and GH¢1.09 respectively. Market Capitalization also increased by GH¢205.87 million over the week to close the trading week at GH¢64.21 billion
A total of 1.52 million shares valued at GH¢2.40 million traded during the week compared to 25.05 million shares valued at GH¢26.52 million which traded the previous week.
Scancom PLC. (MTNGH) recorded the most trades for a second week running as it accounted for 57.11% of the total value traded.
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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