GSE Composite Index Inches Up as GLD, MTNGH Post Gains; Market Activity Drops by 27%
The benchmark GSE Composite Index (GSE-CI) closed higher on Monday, July 15, 2025, gaining 10.61 points to settle at 6,435.51 points, pushing its year-to-date (YTD) return to 31.22%.
However, the GSE Financial Stock Index (GSE-FSI) remained flat at 3,428.97 points, maintaining its strong YTD return of 44.06%.
The uptick in the composite index was underpinned by price appreciations in MTN Ghana (MTNGH) and NewGold ETF (GLD), which closed at GH¢3.02 and GH¢366.17 respectively. Conversely, Unilever Ghana (UNIL) shed value, dropping to GH¢20.49 at the close of trade.
Total market capitalization rose by GHS149.38 million to GHS139.70 billion, driven by the gains in heavyweights MTNGH and GLD.
Despite the index gains, market activity slowed significantly. Total volume traded declined by 27.14% from the previous session to 275,496 shares, translating into a turnover of GHS1,841,618.68.
MTNGH led the trading chart, recording 251,556 shares valued at GH¢760,101.19. Ecobank Transnational Incorporated (ETI), CAL Bank (CAL), SIC Insurance (SIC), and GLD followed in descending order of trade volumes.
