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Ghana Stock Exchange Composite Index Climbs 24 Points, YTD Return Reaches 39.33%

11 months ago
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Ghana Stock Exchange Composite Index Climbs 24 Points, YTD Return Reaches 39.33%

The Ghana Stock Exchange’s Composite Index advanced 24.27 points to close at 4,361.44, bringing its year-to-date (YTD) return to an impressive 39.33%.

The Financial Stocks Index, however, remained unchanged at 2,117.13, with a YTD return of 11.34%.

Market heavyweight MTN Ghana added GH₵0.02 to close at GH₵2.20, driving the broader market’s capitalization to GH₵92.09 billion, with no decliners recorded.

Trading volumes took a sharp decline, plunging 51.54% to 583,179 shares from the previous session’s 1.2 million shares.

Similarly, turnover contracted 45.82%, from GH₵2.58 million to GH₵1.4 million, as investor participation waned. A total of twelve equities exchanged hands.

MTN Ghana continued to dominate the day’s activity, trading 382,854 shares valued at GH₵842,278.80.

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Conversely, ALLGH saw limited interest, with just 5,570 shares traded, equating to GH₵1,726.70. Despite the downturn in trading volume, the market’s resilience underscores investor confidence in key sectors.

Tags: Ghana Stock ExchangeGhana Stock Exchange Composite Index Climbs 24 PointsGSE-CIGSE-FSIYTD Return Reaches 39.33%

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