CAPITAL MARKET REPORT US 19-11-21


DURATION OF INVESTMENT OF THE WEEK

Enterprise value (EV): Enterprise value (EV) is a measure of the total value of a business. EV includes in its calculation the market capitalization of a company but also the short and long term debt as well as any cash on the balance sheet of the company. Enterprise value is a popular metric used to value a business for a potential takeover.

HIGHLIGHTS OF THE EQUITY MARKET: The GSE composite index has fallen by 51.44 points for a return of 50.37% since the start of the year.

The GSE Composite Benchmark (GSE-CI) at the end of the week under review fell 51.44 points to close at 2,919.56, resulting in a YTD return of 50.37% as two (2) stocks posted gains versus two (2) declines during the week. The GSE Financial Stock Index (GSE-FSI), however, gained 5.43 points to close at 2,078.89, resulting in an annual return of 16.61%.

Market cap at the end of the week decreased by GH ¢ 538.41 million to close trading at GH ¢ 64.84 billion, growing 19.26% in 2021.

A total of 11.03 million shares worth GH ¢ 15.07 million traded; an 86.89% increase in traded volumes and 112.71% in traded values ​​compared to the previous week. Scancom automaton. (MTNGH) recorded most trades, accounting for 82.34% of the total traded value.

JUSTIFICATIONS FOR INCLUDING STOCKS IN A PORTFOLIO

  • Typically, stocks outperform all other investment options over a ten-year period, making them a must-have for a long-term portfolio.
  • They are excellent vehicles for retirement.

With the exception of a few short periods, stocks have consistently outperformed the rate.

ANALYSTS

Godwin Kojo Odoom: Senior Research Analyst

Edna Awurama Fosua: Analyst

Nelson Cudjoe Kuagbedzi: Analyst

Disclaimer – SIC Brokerage and its employees make no warranties or other promises as to the results that may be obtained by using our content. No one should make an investment decision without first consulting their own investment advisor and performing their own research and due diligence. SIC Brokerage declines all responsibility in the event that Information, comments, analyzes, opinions, advice and / or recommendations prove to be inaccurate, incomplete or unreliable, or result in an investment or other losses.


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