GSE Indices Maintain Upward Momentum as Market Capitalization Rises
The Ghana Stock Exchange (GSE) witnessed positive market performance as key indices posted gains.
The GSE Financial Stock Index advanced by 3.67 points, closing at 2,813.64 points, with a Year-to-Date (YTD) return of 18.18%. Similarly, the GSE Composite Index (GSE-CI) climbed 24.11 points to settle at 5,647.03 points, pushing its YTD return to 15.52%.
The overall market capitalization surged by GHS 269.63 million, reaching GHS 127.67 billion.
However, trading activity saw a significant dip, with the total volume of shares traded plummeting 89.32% to 1,240,149 shares. Despite the decline in volume, the total trade value amounted to GHS 9,564,918.55.
In the gainers’ category, Benso Oil Palm Plantation (BOPP) led the market, appreciating by GH¢0.06 to close at GH¢26.31. Conversely, GLD recorded a decline of GH¢10.22, settling at GH¢428.68.
Among the most actively traded equities, MTN Ghana (MTNGH) dominated with 846,784 shares exchanged at a total value of GHS 2,464,275.11. Other top traded stocks included CAL Bank (CAL), Ecobank Transnational Incorporated (ETI), GLD, and BOPP, in that order.
