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GLD, TOTAL Lead Gainers as MTNGH Suffers Decline in Week-End Trading

1 year ago
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GLD, TOTAL Lead Gainers as MTNGH Suffers Decline in Week-End Trading

The Ghana Stock Exchange (GSE) closed the week on a robust note, with the GSE Composite Index advancing to 4,337.92 points, reflecting a year-to-date (YTD) gain of 39.58%, a modest rise from the previous week’s 39.28%.

Meanwhile, the GSE Financial Stock Index posted a slight increase of 0.46 points, ending at 2,118.52 points delivering an 11.41% return YTD.

Among the top performers were GLD, which surged GH¢9.40 to GH¢392.00, TOTAL advancing GH¢0.20 to GH¢12.60, and BOPP inching up GH¢0.01 to GH¢25.01.

Conversely, MTNGH registered a decline, slipping to GH¢2.18 by the close of the week.

Trading activity saw a marked increase, with volume spiking 167.94% week-on-week, although the total value traded fell by 56.03%.

MTNGH dominated the trading floor, accounting for the bulk of transactions with 2,583,808 shares exchanged, valued at GH¢5,708,806.48.

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Despite the dip in value traded, the GSE continues to demonstrate resilience, supported by strong liquidity flows.

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