GSE: Composite Index, Financial Stock Index end Wednesday trading session with 20.64% and 10.32% YTD returns
The benchmark index of the Ghana Stock Exchange (GSE Composite Index) climbed 6.90 points to close at 3,776.20 points, achieving a year-to-date (YTD) return of 20.64%.
Conversely, the GSE Financial Stocks Index remained unchanged at 2,097.73 points, maintaining a YTD return of 10.32%.
Unilever Ghana Limited (UNIL) experienced a significant uptick, with its share price increasing by GH¢1.20 to close at GH¢13.20.
This surge contributed to a GH¢75.00 million rise in market capitalization, bringing the bourse’s market cap to a total of GH¢84.38 billion.
In terms of trade activity, the total turnover slumped to GH¢239,260.76, marking a 110.43% increase compared to the previous day.
Despite this increase in turnover, the total volume of shares traded dropped to 95,190, with transactions occurring across 15 different equities.
Outstanding offers were recorded for the following equities:
– Fan Milk Limited (FML) at GH¢3.19
– Société Générale Ghana (SOGEGH) at GH¢1.55
– MTN Ghana (MTNGH) at GH¢1.80
Overall, while the market saw a decline in trade volume, key equities like UNIL demonstrated robust performance, bolstering the GSE Composite Index and market capitalization.
