GSE Composite Index Posts Decline, Year-to-Date Gains Narrow to 39.08%
Last week’s trading activity on the Ghana Stock Exchange (GSE) saw a sharper decline in the prime index compared to the previous week, with more subdued day-on-day price movements.
The GSE Composite Index’s year-to-date (YTD) gain fell to 39.08%, down from 41.86% the previous week.
Similarly, the GSE Financial Stock Index’s YTD return decreased to 11.38%, from last week’s 11.64%.
On the gainers’ side, GLD, TOTAL, and TBL led the charge, closing the week at GH¢376.00, GH¢12.36, and GH¢0.83, respectively.
However, MTN Ghana (MTNGH) experienced its largest week-on-week (w/w) fall of the year, ending at GH¢2.20. CAL Bank (CAL) also saw a decline, shedding GH¢0.03 to close at GH¢0.31.
There was a significant drop in trading volume, which plummeted by 88.85% compared to the previous week.
A similar trend was observed in the total value traded, which fell by 93.97%.
Despite this, MTNGH remained the leader in both trading volume and value, underscoring its liquidity and continued strong investor interest.
