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GSE Closes Thursday’s Session Lower as Composite Index Falls by 0.82%

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GSE Closes Thursday’s Session Lower as Composite Index Falls by 0.82%

The Ghana Stock Exchange (GSE) closed Thursday’s trading session on a bearish note, with the GSE Composite Index (GSE-CI) declining by 0.82% to settle at 8,378.59 points.

In contrast, the Financial Stock Index (GSE-FSI) recorded a modest gain of 0.13%, closing at 4,084.15 points, buoyed by price appreciations in select banking equities.

Gains in CLYD, GCB, GOIL, and SOGEGH helped cushion the broader market decline. CLYD rose by GH¢0.01 to GH¢0.20, while GCB, GOIL, and SOGEGH closed higher at GH¢15.63, GH¢2.51, and GH¢2.55, respectively.

However, losses in CAL Bank (CAL) and MTN Ghana (MTNGH) weighed on market performance. CAL shed GH¢0.05 to close at GH¢0.85, while MTNGH declined by GH¢0.07 to end the session at GH¢4.27.

However, MTN Ghana emerged as the most actively traded equity of the day, dominating market activity with 781,191 shares traded at a total value of GH¢3.34 million.

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