GSE Composite Index Records Gains Amid Decline in Trading Activity
The Ghana Stock Exchange (GSE) Composite Index gained 10.67 points on Wednesday, closing at 4,900.94 points and bringing its Year-To-Date (YTD) return to 0.25%.
The GSE Financial Stock Index remained unchanged at 2,383.24 points, with its YTD return steady at 0.10%.
Market capitalization rose marginally by GH¢134.86 million, reaching GH¢111.54 billion.
Trading Activity
The day’s trading activity saw a sharp decline in volume and value compared to the previous session.
A total of 65,110 shares were traded, a 64.65% drop from the previous day’s 184,194 shares.
Similarly, the total value of shares traded fell by 98.77% to GH¢148,333.94 from GH¢12,054,405.58 recorded earlier.
Key Performers
MTN Ghana (MTNGH) led the market with the highest trade volume, exchanging 51,034 shares valued at GH¢127,842.10.
The stock gained GH¢0.01 to close at GH¢2.51 per share.
Other stocks among the top five traded equities included Ecobank Transnational Incorporated (ETI), CAL Bank (CAL), Republic Bank Ghana (RBGH), and Enterprise Group Limited (EGL).
However, their trade volumes were significantly lower compared to MTNGH.
