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GSE Composite Index Ends Monday’s Session Unchanged; Trade Volume Surges Over 250%

8 months ago
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GSE Composite Index Ends Monday’s Session Unchanged; Trade Volume Surges Over 250%

The Ghana Stock Exchange (GSE) Composite Index ended the latest trading session unchanged at 4,888.53 points, maintaining a Year-To-Date (YTD) return of 56.17%.

Similarly, the GSE Financial Stock Index also remained stable at 2,380.79 points, with its YTD return standing at 25.20%.

The overall market capitalization dipped slightly, settling at GH¢111.39 billion, a marginal decline of GH¢9.22 million from the previous session.

Trade Activity Highlights

The session saw a significant surge in trading volumes, climbing by 258.68% to 262,870 shares, compared to 73,288 shares traded in the previous session.

Despite this increase, the total value of shares traded dropped sharply by 91.19%, recording GH¢1,404,450.14 against the prior day’s GH¢15,934,882.44.

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Two stocks, ALLGH and GLD, recorded declines, closing at GH¢6.12 and GH¢390.50, respectively.

Top Traded Equities

MTNGH led the day’s trading activity with the highest volume, transacting 136,283 shares valued at GH¢340,707.50.

Other actively traded stocks included CAL, ACCESS, GLD, and GCB, although their trading volumes were significantly lower.

Market participants will closely monitor trading activity in the coming days to gauge market sentiment amid these fluctuations.

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