GSE Composite Index Climbs to 4,358.13 Points, Year-to-Date Return Hits 39.23%
The Ghana Stock Exchange (GSE) saw an uptick in its market performance, with the GSE Composite Index rising to 4,358.13 points, reflecting a Year-To-Date (YTD) return of 39.23%.
Despite this, the GSE Financial Stock Index remained unchanged at 2,203.38 points, maintaining a YTD return of 15.87%.
Market capitalization of the GSE rose to GH¢99.19 billion, representing a GH¢138.71 million increase over the previous day’s figure.
However, trading activity slowed, with the volume of shares traded falling by 21.46% to 21,351 shares, compared to 27,185 previously.
The total value of trades also dropped sharply, down 72.05% to GH¢2,389,033.76 from GH¢8,548,394.55.
Key movers on the day included GLD and MTNGH, which saw their stock prices rise to GH¢426.00 and GH¢2.16, respectively.
MTNGH led in trading volume, exchanging 7,004 shares valued at GH¢15,093.83. Other active equities were CLYD, GLD, GCB, and CAL, though they traded in significantly lower volumes.
