Ghana Stock Market Opens Week Lower as Key Indices Decline
Trading on the Ghana Stock Exchange (GSE) commenced the week on a bearish note, with both benchmark indices closing in negative territory amid subdued investor sentiment.
The GSE Composite Index (GSE-CI) dropped by 0.69% to close at 8,172.30 points, while the GSE Financial Stocks Index (GSE-FSI) slipped by 0.12% to 4,183.58 points, signalling continued caution among market participants.
In price movements, Clydestone Ghana Plc (CLYD) maintained its recent upward trajectory, appreciating by GH¢0.03 to close at GH¢0.42. Conversely, CAL Bank Plc (CAL) lost GH¢0.04 to end the session at GH¢0.36, while MTN Ghana (MTNGH) declined by GH¢0.05 to settle at GH¢4.00.
MTN Ghana remained the most actively traded equity, accounting for the majority of market turnover, with 814,170 shares changing hands at a total value of GH¢3,270,489.50.
The market’s performance reflects cautious investor positioning as participants assess the broader macroeconomic conditions and earnings expectations heading into subsequent trading sessions.
