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CAL Bank Leads GSE Gainers as Market Indices Edge Higher

7 months ago
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CAL Bank Leads GSE Gainers as Market Indices Edge Higher

CAL Bank (CAL) emerged as the sole gainer in last Friday’s trading session on the Ghana Stock Exchange (GSE), recording a price increase of GHS 0.02 to close the week at GHS 0.41. The stock will commence today’s trading session at this new price level.

No decliners were recorded at the close of trading on Friday, January 31, 2025.

The top-traded equities for the week included CAL Bank, GOIL, Enterprise Group Limited (EGL), MTN Ghana (MTNGH), and ALLGH. CAL Bank led in trading volumes, exchanging 89,532 shares at a total value of GHS 36,707.

GOIL, EGL, and MTNGH followed with 49,659; 22,659; and 6,096 shares traded, translating to GHS 78,957; GHS 46,450; and GHS 16,764 in value, respectively. ALLGH traded 377 shares worth GHS 2,307.

Overall, the total volume and value of equities traded last week amounted to 3,009,693 shares and GHS 3,929,668, respectively.

On the indices front, the benchmark GSE Composite Index (GSE-CI) inched up from 5,227 points to 5,229 points, pushing its year-to-date (YTD) return to 6.97%. The GSE Financial Stock Index (GSE-FSI) also climbed to 2,475 points, with a YTD return of 3.97%.

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Market capitalization saw an increase, rising from GHS 117,148.99 million the previous week to GHS 117,170.63 million.

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