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GSE Indices Advance as Market Capitalization Hits GHS 154bn

1 year ago
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GSE Indices Advance as Market Capitalization Hits GHS 154bn

The Ghana Stock Exchange (GSE) extended its bullish run on Thursday, with the benchmark Composite Index (GSE-CI) climbing to 7,672.81 points, reflecting a year-to-date (YTD) gain of 56.96%.

Similarly, the Financial Stock Index (GSE-FSI) advanced to 3,566.05 points, recording a 49.78% return since the start of the year. Total market capitalization rose to GHS 154 billion.

Market activity, however, slowed considerably, with 764,492 shares changing hands – an 82.82% decline compared to the previous session. The value of trades amounted to GH¢3,318,317.18.

Benso Oil Palm Plantation (BOPP) led the day’s gainers, closing at GHS 37.78. CAL Bank (CAL) dominated activity, accounting for 324,329 shares valued at GHS 184,863.53.

Other actively traded equities included Ecobank Transnational Incorporated (ETI), SIC Insurance (SIC), MTN Ghana (MTNGH) and Republic Bank Ghana (RBGH).

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