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GSE Closes Higher as Benchmark Indices Record Mild Gains on Banking Sector Uptick

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GSE Closes Higher as Benchmark Indices Record Mild Gains on Banking Sector Uptick

The Ghana Stock Exchange (GSE) opened the week on a positive trajectory, with the benchmark GSE Composite Index (GSE-CI) inching up by 0.03% to close at 8,414.15 points, supported by modest price appreciations across select counters. The Financial Stock Index (GSE-FSI) also advanced by 0.08% to 4,207.55 points, reflecting improved sentiment within the banking sector.

Market performance was buoyed by gains in Ecobank Ghana (EGH), which rose by GH¢0.03 to GH¢16.00, GCB Bank, which added GH¢0.01 to close at GH¢18.01, and Republic Bank Ghana (RBGH), which improved by GH¢0.02 to GH¢1.25.

TOTAL Energies was the sole decliner for the session, slipping GH¢0.01 to end the day at GH¢40.49.

Trading activity was dominated by MTN Ghana (MTNGH), which once again led market turnover with GH¢1,807,785.00 in value traded, corresponding to 430,425 shares. The stock’s consistent liquidity continued to anchor overall market participation.

 

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