GSE Composite Index Drops as Market Capitalization Declines by GHS 170.39 Million
The Ghana Stock Exchange (GSE) Composite Index shed 40.40 points closing at 5,470.42 points on Thursday’s trading session, bringing its Year-to-Date (YTD) return to 11.90%.
In contrast, the GSE Financial Stock Index recorded a gain of 17.46 points, settling at 2,655.75 points, with a YTD return of 11.55%.
Market capitalization declined by GHS 170.39 million, bringing the overall market valuation to GHS 123.03 billion.
Trading Activity Surges Amid Value Decline
Trading activity saw a significant uptick, with 1,237,792 shares exchanging hands—representing a 568.92% increase from the previous session’s 185,043 shares.
However, the total value of shares traded dipped by 29.83%, reaching GHS 3,802,085.01, compared to the previous day’s GHS 5,418,767.96.
Among the most actively traded equities, MTN Ghana (MTNGH) dominated the market, leading with 920,777 shares valued at GHS 2,629,021.56.
Other notable stocks in the top five by trading volume included Fan Milk Limited (FML), Guinness Ghana Breweries (GGBL), Ecobank Ghana (EGH), and Ecobank Transnational Incorporated (ETI), albeit with significantly lower volumes.
