GSE Composite Index Gains 74.65 Points, YTD Return Hits 53.61%
The Ghana Stock Exchange (GSE) witnessed a bullish trading session as the GSE Composite Index (GSE-CI) surged by 74.65 points, closing at 4,808.27 points.
This represents a Year-To-Date (YTD) return of 53.61%.
Meanwhile, the GSE Financial Stock Index remained unchanged at 2,370.11 points, maintaining its YTD return at 24.64%.
Market capitalization of the GSE rose to GH¢110.09 billion, up by GH¢932.01 million from the previous trading day.
Trade Activity Sees Exponential Growth
The market experienced a dramatic increase in trading activity, with the volume of shares traded skyrocketing by 3,540.10% to 7,121,529 shares, compared to 195,641 shares recorded the previous day.
The total value of shares traded also surged by 4,444.68% to GH¢21,571,362.19, up from GH¢474,651.24.
Stock Performances
MTN Ghana (MTNGH) reached a new year high of GH¢2.45, earning GH¢0.07 in the session. GLD also gained to close at GH¢387.40.
Among the top five traded equities, CAL Bank (CAL) led with a trading volume of 5,009,967 shares, valued at GH¢1,703,388.78.
Other notable performers included MTNGH, GLD, GCB, and GOIL, although their trading volumes were significantly lower.
Tuesday’s trading session on the GSE underscores the robust investor interest, with increased trading activity boosting market confidence.
