GSE continues bullish run with 23.9% returns on equities
The benchmark index of the Ghana Stock Exchange (GSE Composite Index) continued its bullish run as it advanced by 48.7 points to close at 3,878 points, delivering a robust year-to-date return of 23.90%.
Meanwhile, the GSE Financial Stocks Index remained static at 2,115 points, reflecting an 11.23% YTD return.
Key performers on the bourse included ALLGH, which appreciated by GH¢0.21 to GH¢5.01, MTNGH, which rose GH¢0.04 to GH¢1.85, and GLD, which increased by GH¢2.31 to GH¢347.50.
These gains elevated the total market capitalization to GH¢85.77 billion.
Trading activity experienced a dramatic surge, with total turnover soaring to GH¢5,823,080.70, a remarkable 16,454.76% increase from the previous day.
A total of 18 equities were traded, with the volume of shares traded spiking to 3,118,716.
Notable offers included FML at GH¢3.68, GCB at GH¢5.50, and TOTAL at GH¢1.55. MTNGH dominated the volume chart, trading 3,076,566 shares.