GSE Composite Index Rises as Market Capitalization Surges by GHS 283.2 Million
The Ghana Stock Exchange (GSE) extended its gains, with the GSE Composite Index (GSE-CI) rising 24.30 points to close at 6,065.93, bringing its year-to-date (YTD) return to 24.09%.
The Financial Stock Index (GSE-FSI) also posted gains, adding 3.24 points to 3,063.35, with a 28.67% YTD return.
Market capitalization rose by GHS 283.27 million to GHS 135.12 billion, as investor sentiment remained upbeat. Trading volumes increased 26.77%, with 1,177,815 shares changing hands, amounting to a total turnover of GHS 28.8 million.
Gainers and Laggards
Ecobank Ghana (EGH) led the day’s gainers, closing at GH¢3.02, while CAL Bank (CAL) and NewGold ETF (GLD) recorded declines.
Market Activity
GCB Bank (GCB) led trading volumes, with 820,786 shares, valued at GHS 5.79 million.
Other heavily traded stocks included Ecobank Transnational (ETI), MTN Ghana (MTNGH), CAL Bank (CAL), and NewGold ETF (GLD).
The strong performance underscores sustained demand for financial stocks, with investors positioning for continued momentum.
