Ghana Stock Exchange Sees Mixed Performance as Financial Stocks Hold Steady
The Ghana Stock Exchange (GSE) Composite Index gained 1.26 points on Tuesday, closing at 6,101.34, as its year-to-date return climbed to 24.81%.
The Financial Stock Index remained unchanged at 3,063.24, holding steady at a YTD return of 28.66%.
Market capitalization edged up by GHS 15.67 million to GHS 135.54 billion, but trading volumes fell sharply.
A total of 363,423 shares changed hands, marking a 57.41% decline from the previous session, with total turnover amounting to GHS 719,136.96.
Among individual stocks, GOIL was the sole gainer, rising GH¢0.04 to close at GH¢1.75.
MTN Ghana Leads Trading Amid Low Volumes
MTN Ghana (MTNGH) led the market in turnover, with 175,754 shares traded at a total value of GHS 539,584.85.
Other actively traded stocks included Ecobank Transnational Incorporated (ETI), CAL Bank (CAL), GOIL, and Aluworks Ghana (ALLGH).
Despite the slowdown in activity, the broader market maintained its upward trajectory, buoyed by investor confidence in blue-chip stocks.
