Financial Stocks Gain as Accra Bourse Slips on Prime Index Decline
The Ghana Stock Exchange (GSE) closed lower on Tuesday, with the benchmark Composite Index dropping 12.89 points to 7,335.76, trimming its year-to-date return to 50.06 per cent.
The Financial Stock Index also slipped, shedding 3.57 points to end the session at 3,405.89, leaving it up 43.06 per cent since the start of the year. Market capitalisation edged down to GH¢1.49 billion.
Trading volumes surged, with 699,169 shares changing hands — a 192.5 per cent increase on the previous session — valued at GH¢1.82 million.
Ecobank Ghana led the gainers, rising GH¢0.11 to close at GH¢9.02, while Gold ETF (GLD) lost ground, finishing at GH¢378.53.
Scancom PLC (MTN Ghana) dominated trading activity with 244,643 shares worth GH¢949,023.37. It was followed by Intravenous Infusions Ltd (IIL), CAL Bank, SIC Insurance, and Republic Bank Ghana.
