GSE Records 10.66-Point Dip Amidst Decline in Trade Volumes
The Ghana Stock Exchange (GSE) ended Thursday’s trading session in the red, with the benchmark GSE Composite Index (GSE-CI) dropping by 10.66 points to close at 6,437.46 points. The market’s Year-to-Date (YTD) return, however, remained strong at 31.68%.
The Financial Stocks Index (FSI) also retreated, shedding 14.96 points to settle at 3,414.08 points, though its YTD return stood at an impressive 43.40%.
Total market capitalization fell by GHS 463.36 million to GHS 139.22 billion, reflecting broad-based bearish sentiment across the bourse.
Market activity slumped significantly, with a total of 151,875 shares traded—representing a 76.57% decline compared to the previous session. The total trade value amounted to GHS 368,290.36.
MTN Ghana (MTNGH) led the trading chart with 98,944 shares exchanged at a market value of GHS 299,800.32. SIC, Ecobank Transnational Inc. (ETI), CAL Bank, and Trust Bank Ltd (TBL) followed in descending order of traded volume.
TBL recorded its first price gain since April, rising to GH¢1.00, while ETI closed lower at GH¢0.82.
