• 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

ETI Tops Gainers Chart with 180.65% YTD Return as Market Sentiment Strengthens

6 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
84
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

ETI Tops Gainers Chart with 180.65% YTD Return as Market Sentiment Strengthens

The equities market posted modest gains on Wednesday, April 16, 2025, with the benchmark GSE Composite Index (GSE-CI) advancing 16.48 points to close at 6,041.88. This movement reflects a strong year-to-date (YTD) return of 23.59%, signalling sustained investor confidence despite a sharp drop in trading activity.

The Financial Stock Index (GSE-FSI) also followed suit, adding 23.14 points to settle at 3,084.57, representing an impressive YTD gain of 29.56%.

Market capitalisation rose by GHS 572.99 million to GHS 135.27 billion. However, the volume of shares traded declined markedly by 61.21% to 361,099 shares, with total turnover reaching GHS 1.09 million—down 58.83% from the previous session. Analysts attributed the dip in market activity to profit-taking and tactical repositioning ahead of anticipated corporate earnings disclosures.

Despite lower volumes, top counters including ETI, GCB, SIC, and GLD closed in positive territory. ETI (Ecobank Transnational Inc.) led gainers, appreciating by GHS 0.02 to close at GHS 0.87, extending its YTD gain to a staggering 180.65%. SIC followed, climbing 0.06 to GHS 0.60 (up 144.44% YTD), while GCB and GLD advanced 13.97% and 26.38% YTD, respectively.

Telecom giant MTN Ghana (MTNGH) led trading volumes with 298,711 shares changing hands at a value of GHS 896,133.00. CAL Bank and ETI followed with trades worth GHS 21,289.26 and GHS 17,544.70, respectively, contributing to a market-wide traded value of GHS 1.09 million.

While overall liquidity dipped, the performance of high-cap and financial stocks continues to support optimism on the bourse. Market participants will be watching closely for upcoming earnings releases and macroeconomic indicators that could influence momentum in the near term.

RelatedPosts

From Missing Contracts to Phantom Cargoes: Why Ghana’s G4O Could Be the Scandal of a Generation

World Bank Warns Ghana of Mounting Jobs Crisis, Urges Productivity-Led Reforms

Galamsey has Destroyed 1.2m Hectares of Farmland, Displacing Over 500,000 Farmers – PFAG

Tags: ETI Tops Gainers Chart with 180.65% YTD Return as Market Sentiment Strengthens

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

DBG to Get New CEO Today; Board to be Constituted by End-October

Government Misses T-Bill Target as Auction by 37.9%; Raises GHS 3.46bn

Standard Chartered Bucks Bearish Trend, Forecasts Oil Price Gains in 2026

UDS Makes History as First African Champions of the World University Games Football Tournament

Why Nigeria fell from African VC throne

Asante Kotoko Advances in CAF Confederation Cup; Faces Wydad Next

Trending

Features

From Missing Contracts to Phantom Cargoes: Why Ghana’s G4O Could Be the Scandal of a Generation

September 29, 2025

From Missing Contracts to Phantom Cargoes: Why Ghana’s G4O Could Be the Scandal of a Generation A...

World Bank Warns Ghana of Mounting Jobs Crisis, Urges Productivity-Led Reforms

September 29, 2025

Galamsey has Destroyed 1.2m Hectares of Farmland, Displacing Over 500,000 Farmers – PFAG

September 29, 2025

DBG to Get New CEO Today; Board to be Constituted by End-October

September 29, 2025

Government Misses T-Bill Target as Auction by 37.9%; Raises GHS 3.46bn

September 29, 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.