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Ghana Stock Exchange Closes Lower as Total Value Traded Declines 83.81%

10 months ago
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Ghana Stock Exchange Closes Lower as Total Value Traded Declines 83.81%

The Ghana Stock Exchange (GSE) Composite Index saw a slight drop of 1.74 points, settling at 4,616.17 points with a Year-to-Date (YTD) return of 47.47%.

The GSE Financial Stock Index also slipped by 2.45 points, ending the day at 2,301.50 points, yielding a 21.03% YTD return.

The market capitalization of the GSE dipped to GH¢103.71 billion, marking a GH¢51.48 million decrease from the previous session.

Trade volumes also saw a substantial decline, plummeting by 85.68% to 67,525 shares compared to 471,466 shares traded previously.

The total value traded fell correspondingly by 83.81%, amounting to GH¢231,561.59 from GH¢1,430,274.84.

In terms of individual stocks, CAL Bank (CAL) and NewGold ETF (GLD) both registered losses. CAL led the trading volume, with 54,620 shares valued at GH¢18,024.60.

Other active equities included ETI, SOGEGH, ALLGH, and GLD, though their trading volumes remained comparatively modest.

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