GSE: Benchmark index falls marginally to 3,945 points; returns on equities remain at 26%
The Ghana Stock Exchange (GSE) experienced a slight decline in its benchmark index.
The GSE Composite Index fell by 1.56 points, ending the day at 3,945.80 points, which still reflects a year-to-date (YTD) return of 26.05%.
Similarly, the GSE Financial Stocks Index dropped by 2.93 points to 2,093.60 points, with a YTD return of 10.10%.
Among individual stocks, ALLGH continued its upward trend, increasing by GH¢0.20 to close at GH¢6.00.
In contrast, EGL saw a further decline, losing GH¢0.10 to close at GH¢1.70. Despite these mixed performances, the overall market capitalization increased by GH¢112.85 million, reaching GH¢87.32 billion.
Trade activity showed a slight decrease in total turnover, which dropped by 12.54% to GH¢545,428.17 compared to the previous day.
However, total volumes traded increased, with 310,063 shares traded across five different equities. Notably, EGL topped the volume chart, trading a total of 270,160 shares.
There were outstanding offers for several equities: SOGEGH at GH¢1.55, EGL at GH¢1.65, and GGBL at GH¢5.17.