GSE Composite Index Rises by 140 Points, Market Capitalization Hits GHS 131.44 Billion
The Ghana Stock Exchange (GSE) witnessed a strong performance as the GSE Composite Index surged by 140.02 points to close at 5,909.31 points, pushing its year-to-date (YTD) return to 20.88%.
Similarly, the Financial Stock Index climbed 46.84 points to 2,861.30 points, reflecting a YTD return of 20.18%.
Market capitalization saw a significant increase of GHS2,253.14 million, closing at GHS131.44 billion.
Trading activity also intensified, with the volume of shares traded soaring by 603.44% to 413,108 shares, amounting to a total trade value of GHS638,144.66.
MTN Ghana (MTNGH) saw its share price rise to GH¢3.10, with five other counters also recording gains. Leading trade activity was CAL Bank (CAL), which saw 217,968 shares traded at a value of GHS139,499.52.
Other top-traded equities included MTNGH, Ecobank Transnational Incorporated (ETI), Ecobank Ghana (EGH), and Republic Bank Ghana (RBGH), in that order.
The strong market performance signals renewed investor confidence, driven by increased liquidity and positive sentiment toward key stocks.
