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Investor Confidence Lifts GSE-CI to 6,218.93 Points, Up 27.21% YTD

2 years ago
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Investor Confidence Lifts GSE-CI to 6,218.93 Points, Up 27.21% YTD

The Ghana Stock Exchange (GSE) extended its rally on Thursday, with the benchmark GSE Composite Index (GSE-CI) advancing 155.17 points to close at 6,218.93 points, bringing its year-to-date return to 27.21%.

The Financial Stock Index (GSE-FSI) also edged higher, gaining 7.77 points to settle at 3,060.88 points, with a 28.57% YTD return.

The bullish sentiment saw market capitalisation surge by GHS 1.93bn to GHS 136.99bn, underpinned by strong gains in blue-chip stocks.

Trading Activity Surges

Investor participation remained robust, with 1.75 million shares changing hands—representing a 265.56% jump in trading volume—while total market turnover stood at GHS 9.01m.

MTN Ghana (MTNGH) dominated the session, leading with 1.50 million shares valued at GHS 4.79m. Other heavily traded stocks included GCB, ETI, CAL, and RGBH.

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Movers & Laggards

Gains in GCB, GOIL, MTNGH, and GLD buoyed the market, while CAL Bank (CAL) slipped GH¢0.01 to close at GH¢0.78.

The GSE’s continued uptrend signals sustained investor optimism, with equities benefiting from improved market liquidity and positive sentiment around key counters.

Tags: 218.93 PointsInvestor confidenceInvestor Confidence Lifts GSE-CI to 6Up 27.21% YTD
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