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GSE Composite Index Remains Unchanged as Trading Activity Declines

8 months ago
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GSE Composite Index Remains Unchanged as Trading Activity Declines

The Ghana Stock Exchange (GSE) Composite Index closed the trading day unchanged, maintaining its Year-To-Date (YTD) return at an impressive 49.97%.

Similarly, the GSE Financial Stock Index remained steady at 2,351.16 points, with its YTD return at 23.64%.

The market capitalization stayed constant at GH¢108.37 billion, reflecting no change from the previous session.

Decline in Trade Activity

Trade volumes witnessed a significant drop of 35.96%, with 19,640 shares exchanged compared to the prior session’s 30,668 shares.

The total value traded also declined, falling 14.67% to GH¢25,776.74 from GH¢30,206.79, in a session that saw no price changes among listed equities.

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Top Traded Equities

CAL Bank led the day’s trading activity, recording the highest volume of 9,178 shares valued at GH¢3,120.52.

Other equities making the top five traded list included MTNGH, EGL, DASPHARMA, and ALLGH, though their trading volumes were considerably lower.

The market’s performance reflects a quiet session, with steady indices and reduced trading activity.

Tags: GSE Composite IndexGSE Composite Index Remains Unchanged as Trading Activity DeclinesTrading activity

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