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GSE: Composite Index, Financial Stock Index end Wednesday trading session with 20.64% and 10.32% YTD returns

1 year ago
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GSE: Composite Index, Financial Stock Index end Wednesday trading session with 20.64% and 10.32% YTD returns

The benchmark index of the Ghana Stock Exchange (GSE Composite Index) climbed 6.90 points to close at 3,776.20 points, achieving a year-to-date (YTD) return of 20.64%.

Conversely, the GSE Financial Stocks Index remained unchanged at 2,097.73 points, maintaining a YTD return of 10.32%.

Unilever Ghana Limited (UNIL) experienced a significant uptick, with its share price increasing by GH¢1.20 to close at GH¢13.20.

This surge contributed to a GH¢75.00 million rise in market capitalization, bringing the bourse’s market cap to a total of GH¢84.38 billion.

In terms of trade activity, the total turnover slumped to GH¢239,260.76, marking a 110.43% increase compared to the previous day.

Despite this increase in turnover, the total volume of shares traded dropped to 95,190, with transactions occurring across 15 different equities.

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Outstanding offers were recorded for the following equities:

– Fan Milk Limited (FML) at GH¢3.19
– Société Générale Ghana (SOGEGH) at GH¢1.55
– MTN Ghana (MTNGH) at GH¢1.80

Overall, while the market saw a decline in trade volume, key equities like UNIL demonstrated robust performance, bolstering the GSE Composite Index and market capitalization.

Tags: Financial Stock IndexFinancial Stock Index end Wednesday trading session with 20.64% and 10.32% YTD returnsGSE Composite Index
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