Local bourse benchmark index jumps 63.84 points to end last week at 3,341 points
The benchmark index – GSE-CI – of the Ghana Stock Exchange (GSE) increased by 63.84 points week-on-week to close at 3,341.88 points, placing its YTD gain at 6.76%.
The GSE-FSI closed at 2,002.31 points, 5.60 points higher than the level it opened this week, posting a YTD return of 5.30%.
The price movements for the week were gains in GLD, MTNGH and EGH earning GH¢16.40, GH¢0.05, GH¢0.10 to close at GH¢262.20, GH¢1.49 and GH¢6.20.
Total market capitalization thus grew by GH¢741.62 billion to end the week at GH¢76.36 billion.
The total volume traded over the week was 1,130,068 shares compared to 3,866,526 shares traded last week, total turnover similarly sunk to GH¢1,645,317 as against GH¢6,502,780.49 last week.
Meanwhile, MTNGH dominated the market this week, reflecting the strong investor demand for it on the back of strong FY 2023 financials.
It traded a volume of 974,867 shares, amounting to a value of GH¢1,424,204.88.
Trades also took place in the finance and distribution sectors, with RGBH, ETI, and GOIL ranking among the top five traded equities for the week.
