GSE Composite Index Advances 16.95 Points as Market Capitalization Hits GHS 133.24 Billion
The Ghana Stock Exchange (GSE) extended its rally on Monday, with the benchmark GSE Composite Index advancing 16.95 points to close at 6,054.80 points, bringing its year-to-date (YTD) return to 23.86%.
The Financial Stock Index also edged higher, adding 3.05 points to settle at 2,892.19 points, with a 21.48% YTD return.
Market capitalization climbed GHS 202.62 million to reach GHS 133.24 billion, buoyed by gains in select equities.
However, trading activity slowed, with the volume of shares traded plunging 87.20% to 324,396, while total market turnover stood at GHS 1.23 million.
TOTAL Petroleum Ghana emerged as the session’s top performer, surging GH¢1.64 to close at GH¢18.11. MTN Ghana (MTNGH) led trade volumes, with 222,757 shares exchanging hands at a value of GHS 712,822.40.
Other notable movers included CAL Bank (CAL), Ecobank Transnational Incorporated (ETI), Société Générale Ghana (SOGEGH), and Ecobank Ghana (EGH).
Despite the pullback in trading volumes, investor sentiment remained robust, with the GSE poised for further gains amid improving market fundamentals.
