Ghana Stock Exchange Ends Tuesday Lower on Losses in Financial and Telecom Stocks
The Ghana Stock Exchange (GSE) closed Tuesday’s trading session in negative territory, as losses in key financial and telecom equities weighed on the market.
The benchmark GSE Composite Index (GSE-CI) declined by 0.33% to close at 8,351.36 points, while the Financial Stock Index (GSE-FSI) slipped 0.22% to 4,104.87 points.
CLYD was the session’s only gainer, appreciating by GH¢0.02 to end at GH¢0.26. On the losing side, CAL Bank dropped GH¢0.07 to close at GH¢0.65, and MTN Ghana (MTNGH) shed GH¢0.02 to finish at GH¢4.23, dragging the broader market lower. GLD also declined sharply by GH¢26.05 to settle at GH¢433.23.
MTNGH led trading activity with 130,246 shares changing hands, valued at GH¢549,331.39. Other actively traded equities included SOGEGH, SIC, CAL, and FML, in that order.
The market’s downturn reflects investor caution amid sectoral pressures and limited demand in blue-chip counters.
