Ghana Stock Exchange Market Capitalization Rises to GHS 110 Billion
The Ghana Stock Exchange (GSE) saw its overall market capitalization increase to GHS 110.12 billion, marking a GHS 30.35 million gain from the previous session.
Despite this growth, trade activity on the market experienced a notable slowdown.
Trade Activity
The volume of shares traded plummeted by 67.79% to 2,293,605 shares, down from the prior session’s 7,121,529.
Similarly, the total value of shares traded fell by 38.92%, closing at GHS 13,176,377.57 compared to GHS 21,571,362.19 in the previous session.
Index Performance
The GSE Composite Index gained 1.36 points to close at 4,809.63 points, reflecting a Year-to-Date (YTD) return of 53.65%.
The GSE Financial Stock Index, however, remained unchanged at 2,370.11 points, maintaining a YTD return of 24.64%.
Key Stock Movements
TOTAL Petroleum Ghana recorded a GHS 0.15 increase to close at GHS 13.07, while NewGold ETF (GLD) saw a significant gain of GHS 4.68, ending the session at GHS 392.08.
Top-Traded Equities
MTN Ghana (MTNGH) dominated the session, trading 2,128,893 shares valued at GHS 5,215,787.85.
Other equities in the top five by trade activity were SIC Insurance, NewGold ETF (GLD), CAL Bank, and Societe Generale Ghana (SOGEGH), although their volumes were markedly lower.
This mixed performance highlights the GSE’s resilience, as gains in market capitalization and select equities contrasted with subdued trading activity.
