GSE Ends Thursday’s Session Higher as Market Capitalisation Gains GHS 2bn
The Ghana Stock Exchange (GSE) closed Thursday’s trading on a bullish note, with the benchmark GSE Composite Index (GSE-CI) advancing to 7,323.35 points, reflecting a Year-to-Date (YTD) return of 49.81%.
The Financial Stocks Index (GSE-FSI) also edged up by 1.28 points to 3,410.06 points, translating into a 43.23% YTD gain.
Market capitalisation surged by GHS2.00 billion to settle at GHS149.91 billion, buoyed by price gains in key equities.
Trading activity was robust, with 662,180 shares changing hands, representing a 13.97% increase over the previous session. This amounted to a total market turnover of GHS2,536,710.71.
MTN Ghana (MTNGH), GOIL Company Limited (GOIL) and CalBank Limited (CAL) all recorded gains, closing at GH¢3.87, GH¢2.18 and GH¢0.53 per share, respectively.
Fan Milk Limited (FML) emerged as the most traded stock for the day, accounting for 295,906 shares valued at GHS1,301,986.40.
MTNGH, SIC Insurance Company Limited (SIC), Republic Bank Ghana Limited (RBGH) and Ecobank Transnational Incorporated (ETI) completed the list of the top five most traded equities, in descending order of volume.
