Business News of Monday, 24 May 2021Source: www.ghanaweb.com• Trading activity on the GSE tumbled last week by 158.98 points (-6.17%)• This was due to MTN Ghana and Cal Bank's sluggish performance• GSE’s market capitalization decreased by 2.81% to close at GH¢59.28 billionTrading activity on the Ghana Stock Exchange’s Composite Index tumbled last week by 158.98 points (-6.17%). This was a result of two trading stocks which closed the week’s activity at 2,416.36 with a year-to-date return of 24.45%. Meanwhile, at the previous week’s trading, market activity strengthened as 15,784,301 shares valued at GH¢25.18 million were traded compared to 6.25 million shares valued at GH¢7 million in the previous week. MTN Ghana also dominated trades by volumes and value, accounting for 70.24% of total volumes traded and 45.43% of the total value traded. Market analysts however are expecting trading activity to surge this week after last week’s dip.

Source: GhanaWeb May 24, 2021 12:33 UTC