SCB and TBL Top Gainers as GLD Declines by GHS 18.69 on the GSE
The Ghana Stock Exchange (GSE) maintained its bullish trajectory on Wednesday as the benchmark GSE Composite Index (GSE-CI) advanced by 5.75 points to close at 6,058.28 points, reflecting a robust year-to-date (YTD) return of 23.93%.
Similarly, the GSE Financial Stock Index (GSE-FSI) added 3.33 points to settle at 3,092.22 points, with an impressive YTD return of 29.88%, signalling renewed investor confidence in the financial counters.
Total market capitalization rose by GHS 17.23 million to end the session at GHS 135.46 billion, underpinned by strong performances in key stocks and increased investor activity.
Trading Activity Surges Over 139%
Market activity recorded a significant spike, with the volume of shares traded surging by 139.09% to 4,918,295 shares. The surge in volume translated into a total market turnover of GHS 16,291,274.44.
Standard Chartered Bank Ghana (SCB) and Trust Bank Limited (TBL) emerged as the top gainers, closing at GHS 26.16 and GHS 0.91 respectively. On the flip side, GLD recorded the session’s only notable loss, shedding GHS 18.69 to close at GHS 489.62.
MTNGH Leads in Volume and Value Traded
MTN Ghana (MTNGH) topped the chart for the most actively traded stock, with 4,477,962 shares exchanging hands at a market value of GHS 13,433,886.00.
Other equities that featured prominently among the top five traded stocks for the day included Ecobank Transnational Incorporated (ETI), CAL Bank (CAL), TotalEnergies Marketing Ghana (TOTAL), and Standard Chartered Bank (SCB).
