GSE Sees 1,462% Spike in Trading Volume Led by CMLT Shares
The Ghana Stock Exchange (GSE) Composite Index held steady at the close of trading, maintaining its Year-to-Date (YTD) return at 49.97%.
Similarly, the GSE Financial Stock Index recorded no movement, closing unchanged at 2,351.16 points with a YTD return of 23.64%.
Despite the static indexes, overall market capitalization declined slightly to GH¢108.33 billion, a drop of GH¢32.19 million from the previous session.
Trading Activity Soars
Market activity experienced a sharp uptick, with the volume of shares traded surging by 1,462.25% to 920,914 shares, compared to the previous session’s 58,948 shares.
The value of trades also rose significantly, climbing 1,239.42% to GH¢1,187,442.34 from GH¢88,653.77.
However, the session saw declines in key stocks, including GLD, which fell to GH¢388.59, and ALLGH, which closed at GH¢6.13.
Top Performers
Camelot Ghana Limited (CMLT) led the market in volume, trading 555,297 shares worth GH¢812,407.56. Other equities among the top five traded stocks included MTNGH, CAL, EGH, and ETI, though their trading volumes were markedly lower in comparison.
The day’s trading dynamics underscore heightened investor activity amid steady index performance.
