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GSE Indices Post Mild Gains as Blue-Chip Stocks Lift Market Performance

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GSE Indices Post Mild Gains as Blue-Chip Stocks Lift Market Performance

The Ghana Stock Exchange (GSE) recorded a mildly positive session, with both major indices closing higher on the back of modest advances across select blue-chip counters.

At the close of trading, the GSE Composite Index (GSE-CI) edged up by 0.08% to 8,420.94 points, while the Financial Stock Index (GSE-FSI) gained 0.15% to settle at 4,213.84 points, reflecting measured buying interest within the financial sector.

GCB Bank led the gainers’ chart, rising by GH¢0.21 to close at GH¢18.22, as renewed investor demand lifted the stock. GOIL also recorded an uptick, appreciating by GH¢0.07 to GH¢2.68. Fan Milk Limited (FML) posted a marginal gain of GH¢0.01 to finish the session at GH¢8.01.

Market turnover was heavily influenced by MTN Ghana, which once again dominated activity after trading 820,703 shares valued at GH¢3.45 million. The telecom giant maintained its position as the market’s primary liquidity anchor, accounting for the bulk of traded volumes.

Investor sentiment remained steady throughout the session, with incremental gains across a handful of equities supporting the upward movement in the benchmark indices.

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