GSE Composite Index Rises as Financial Stocks Lead Gains
The Ghana Stock Exchange (GSE) continued its bullish run, with the benchmark GSE Composite Index (GSE-CI) climbing 24.46 points to close at 5,622.92 points, reflecting a year-to-date (YTD) return of 15.02%.
Similarly, the GSE Financial Stock Index (GSE-FSI) saw an impressive 49.32-point gain, settling at 2,809.97 points and increasing its YTD return to 18.03%.
The market capitalization also saw an uptick, rising by GH¢1.13 billion to reach GH¢127.40 billion.
Three financial stocks recorded price gains, with GLD emerging as the top gainer, adding GH¢0.91 to its price. CAL, ETI, and SIC followed, increasing by GH¢0.05, GH¢0.05, and GH¢0.03, respectively.
Trade volume surged by 98.63% to 2,059,378 shares, though total trade value dipped 88.53% to GH¢5,240,344.56 compared to the previous session.
Among the most actively traded stocks, MTN Ghana (MTNGH) led with 1,414,941 shares changing hands. Other top-traded equities included CAL, ETI, RBGH, and SIC.
The market’s strong performance, particularly in financial stocks, signals sustained investor confidence.
