GSE Composite Index Surges Past 6,000 Points for the First Time as YTD Returns Hit 22.97%
The Ghana Stock Exchange (GSE) extended its bullish momentum as the GSE Composite Index (GSE-CI) gained 102.10 points to close at 6,011.41 points for the first time, pushing its year-to-date (YTD) return to 22.97%.
The Financial Stock Index (GSE-FSI) also advanced 8.25 points to 2,869.55 points, reflecting a 20.53% YTD return.
The overall market capitalization surged by GHS 1,267.14 million, settling at GHS 132.71 billion.
Trading activity improved, with share volumes rising 8.04% to 446,309, translating into a total trade value of GHS 1,913,511.13.
The bullish sentiment was further reinforced by gains across seven stocks, with MTN Ghana (MTNGH) leading the top five traded equities. MTNGH recorded 184,427 shares valued at GHS 588,300.01.
Other actively traded stocks included Ecobank Transnational Incorporated (ETI), Standard Chartered Bank (SCB), Cocoa Processing Company (CPC), and Clydestone (CLYD) in that order.
Ecobank Transnational Incorporated (ETI) followed with 137,225 shares, totaling GHS 103,311; Standard Chartered Bank (SCB) saw 44,440 shares traded, amounting to GHS 1,112,848; Cocoa Processing Company (CPC) recorded 32,000 shares, valued at GHS 640 and Clydestone Ghana (CLYD) traded 30,015 shares, with a total value of GHS 1,200.
The market’s continued uptrend underscores investor confidence, driven by strong performances across key counters.
