• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

GSE remains stagnant with no gainers or decliners on trading day

2 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
GSE

GSE

48
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

GSE remains stagnant with no gainers or decliners on trading day

The Ghana Stock Exchange ended the trading day with no significant movement in its benchmark index, the GSE-Composite Index, closing at 2,664.60 points. This comes as no surprise to seasoned traders who have been monitoring the performance of the Ghanaian stock market, given the overall economic climate that has prevailed in the country over the past year.

Although the benchmark index saw no change, it is worth noting that the index has seen a year-to-date change of 9.03%, which may be indicative of some positive sentiment among investors regarding the prospects of the Ghanaian economy. However, the GSE Financial Stocks Index also remained unchanged, closing at 1,757.00 points, and representing a year-to-date return of -14.40%. This suggests that despite some positive indicators, the financial sector in Ghana may still be facing significant challenges.

On the trading front, the market saw a fall in activity with a -51.92% decline in volume traded, and a -73.39% fall in value traded. In total, 104,442 shares were traded, valued at GH¢134,967.61, across twelve (12) equities. It is worth noting that there were no decliners or gainers on this trading day, which may be a reflection of the cautious approach that investors are taking towards the Ghanaian stock market.

Scancom PLC. (MTNGH) topped the trading chart, trading 75,625 shares valued at GH¢90,750.00, representing 67.24% of the total value traded. This was followed by Fan Milk PLC.(FML), which traded 16,000 shares valued at GH¢16,960.00, representing 12.57% of the total value traded. Although these figures are relatively low, they may be indicative of a renewed interest in these stocks, and investors may be keeping a close eye on them in the coming weeks.

In terms of market capitalization, there was no change, and the market closed the day at GH¢67.21 billion. This suggests that the overall sentiment among investors is relatively neutral, and they may be waiting for more significant market movements before making any significant investments.

The Ghana Stock Exchange ended the trading day with no significant movement in its benchmark index, and a fall in trading activity. However, there were no gainers or decliners on this trading day, and the overall sentiment among investors may be cautiously optimistic. Despite some positive indicators, the financial sector in Ghana may still be facing significant challenges, and investors may be taking a wait-and-see approach before making any significant investments.

RelatedPosts

Why Women Must Be Involved In Building Flood Resilience

African Development Bank Group and Michael Bloomberg to Drive Private Investment into Africa

Bitcoin Drops to $109K as Crypto Market Loses $200 Billion

Tags: GSEGSE remains stagnant with no gainers or decliners on trading dayTrading
No Result
View All Result

Highlights

AI in Africa: 5 Issues That Must be Tackled for Digital Equality

ECG Posts Record Monthly Revenue of GHS 1.74bn for July

IMF Urges Lebanon to Deepen Reforms Amid Fragile Rebound and Banking Sector Challenges

GCB Bank Outlines Post-IATF Path to Powering Africa’s Trade Future

AGI Raises Alarm Over Weak Consumer Demand Despite Signs of Economic Recovery

Lead, Mercury Found in Turmeric, Tom Brown and Others – FDA Report

Trending

Features

Why Women Must Be Involved In Building Flood Resilience

September 26, 2025

Why Women Must be Involved in Building Flood Resilience Women carrying children through chest-deep waters, families watching...

African Development Bank Group and Michael Bloomberg to Drive Private Investment into Africa

September 26, 2025

Bitcoin Drops to $109K as Crypto Market Loses $200 Billion

September 26, 2025

AI in Africa: 5 Issues That Must be Tackled for Digital Equality

September 26, 2025

ECG Posts Record Monthly Revenue of GHS 1.74bn for July

September 26, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.