GSE Closes Slightly Lower as Composite Index Falls 0.25%
The Ghana Stock Exchange (GSE) ended Thursday’s trading session on a slightly bearish note, with the GSE Composite Index (GSE-CI) declining by 0.25% to close at 8,447.64 points.
In contrast, the Financial Stock Index (GSE-FSI) inched up by 0.01% to settle at 4,079.01 points, reflecting mild resilience within the financial counters despite the broader market dip.
Market performance reflected mixed investor sentiment, as some blue-chip stocks recorded gains while others declined.
Fan Milk Plc (FML) and GCB Bank Plc (GCB) emerged as the session’s top gainers, appreciating to GH¢8.00 and GH¢15.62, respectively. Conversely, MTN Ghana (MTNGH) and NewGold ETF (GLD) lost ground, falling to GH¢4.34 and GH¢367.11, respectively.
Overall market activity slowed, with trading volumes dropping by 39.73% compared to the previous session. CAL Bank (CAL) dominated trading, accounting for the bulk of market turnover with 738,448 shares traded, valued at approximately GH¢664,703.20.
