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Composite Index Declines as Market Capitalization Falls by GHS 132.36 Million

9 months ago
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Composite Index Declines as Market Capitalization Falls by GHS 132.36 Million

The Ghana Stock Exchange (GSE) Composite Index closed 10.66 points lower at 4,369.44, representing a year-to-date (YTD) gain of 39.59%. The GSE Financial Stock Index remained unchanged at 2,190.37, with a YTD return of 15.19%.

The overall market capitalization dropped by GH¢132.36 million, settling at GH¢99.10 billion. Trading activity saw a notable rise, with the volume of shares traded increasing by 71.02%, reaching 363,583 shares, up from 212,601.

The value of shares traded also grew to GH¢1,296,414.91, compared to GH¢895,804.61 in the previous session.

MTN Ghana (MTNGH) was the sole price mover, dipping by GH¢0.01 to close at GH¢2.18.

Among the top five traded equities, ACCESS Bank led the pack, trading 237,443 shares valued at GH¢1,025,753.76.

Other actively traded stocks included MTNGH, Enterprise Group (EGL), Fan Milk (FML), and Société Générale Ghana (SOGEGH), though their volumes were significantly lower than ACCESS.

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