GSE Closes Higher as Market Capitalisation Hits GH¢166.89bn on Strong Trading Activity
The Ghana Stock Exchange (GSE) closed Thursday’s trading session on a positive note, buoyed by gains in key equities, notably Guinness Ghana Breweries Limited (GGBL) and GCB Bank Plc (GCB).
The GSE Composite Index (GSE-CI) advanced to 8,497.43 points, pushing its year-to-date (YTD) return to 73.82 per cent. Similarly, the GSE Financial Stock Index (GSE-FSI) climbed to 3,946.29 points, reflecting a 65.76 per cent YTD gain.
Market capitalisation closed stronger at GH¢166.89 billion, underscoring renewed investor confidence and sustained demand for equities across the bourse.
A total of 3,273,970 shares were traded, representing a 115.13 per cent day-on-day increase in volume, with trades valued at GH¢16,289,746.23.
On the gainers’ chart, GGBL and GCB advanced to close at GH¢6.01 and GH¢15.53 respectively. In contrast, MTN Ghana (MTNGH) and TotalEnergies Marketing Ghana (TOTAL) recorded declines, closing at GH¢4.51 and GH¢40.60 respectively.
MTNGH maintained its dominance as the most actively traded equity on the day, accounting for 2,744,134 shares valued at GH¢12,377,562.01. Other top traded stocks included GCB, Société Générale Ghana (SOGEGH), Intravenous Infusions Limited (IIL), and Republic Bank Ghana (RBGH).
The strong performance of the market reflects renewed investor appetite amid improving macroeconomic conditions and solid earnings from listed firms. Analysts expect continued momentum in the coming sessions, particularly as investors position for third-quarter financial disclosures.
