GSE Composite Index Declines as Market Activity Weakens
The Ghana Stock Exchange (GSE) ended on a lower note as the benchmark GSE Composite Index (GSE-CI) dropped by 1.74 points to close at 6,099.60 points, trimming its Year-To-Date (YTD) return to 24.77%.
The Financial Stock Index (GSE-FSI) also declined to 3,060.79 points, reflecting a YTD gain of 28.56%.
Market capitalization dipped by GHS 0.93 million to settle at GHS 135.54 billion.
Trading activity was subdued, with the volume of shares traded plunging by 68.41% to 114,794 shares, generating a total trade value of GHS 2,831,848.89.
On the equities front, GLD emerged as the biggest gainer, rising by GH¢7.14 to close at GH¢458.79, while CAL Bank lost GH¢0.02 to settle at GH¢0.70.
Among the most actively traded stocks, MTN Ghana (MTNGH) led with 67,742 shares exchanged at a total value of GHS 207,955.74. CAL, ETI, GLD, and SIC followed in that order as the top five traded equities.
