GSE: Benchmark index declines to close at 3,049 points on Monday
The Ghana Stock Exchange’s benchmark index, the GSE-Composite Index, experienced a marginal decline of 0.29 points, concluding at 3,049.56 points. Regarding year-to-date performance, the index showed growth of 25.58%.
In contrast, the Financial Stocks Index saw a modest gain of 0.82 points, closing at 1,696.19 points, with a year-to-date return of -17.36%.
Price movements among key stocks displayed a mixed pattern. SIC and SOGEGH recorded gains of GH¢0.02 and GH¢0.01, settling at GH¢0.24 and GH¢1.00 respectively.
Conversely, CAL and GOIL saw declines of GH¢0.01 and GH¢0.02, leading to closing prices of GH¢0.61 and GH¢1.58.
The total market capitalization witnessed a decrease, contracting by GH¢3.10 million to reach GH¢73.08 billion.
Trading activity on the exchange involved 55,596 shares valued at GH¢55,988.56, with sixteen (16) stocks being traded.
Notably, both volume and value traded declined significantly by 86.41% and 95.53% respectively compared to the previous trading day.
Selective participation characterized the trading session as SIC’s trading activity involved 20,000 shares valued at GH¢4,800, accounting for 8.60% of the total value traded.
ETI trades constituted 3.30% of the total turnover. Meanwhile, TOTAL recorded the lowest trades among the top 5 traded equities.
