Ghana Stock Exchange records no movement in key indexes
The Ghana Stock Exchange (GSE) closed on Wednesday, February 16, with no movement in key indexes.
The GSE-Composite Index and GSE Financial Stocks Index both remained unchanged, with the former closing at 2,410.20 points representing a -1.38% year-to-date return, and the latter at 1,983.82 points, representing a year-to-date return of -3.35%.
The trading session recorded no gainers nor decliners, resulting in market capitalization remaining unchanged, ending the day at GH¢64.31 billion.
A total of 11,958 shares valued at GH¢19,719.42 were traded across six (6) counters. The total volume traded was down 98.90% while the total value traded also declined by 98.93% compared to the last trading day.
Cal Bank PLC topped the trading chart with 5,621 shares valued at GH¢2,866.71, representing 47.01% of the total volume traded.
While the lack of movement in key indexes and trading volumes may be cause for concern, analysts remain optimistic about the long-term prospects of the Ghanaian stock market, which is benefiting from a range of measures implemented by the government and the strong performance of some of the companies listed on the exchange.
TOP TRADED EQUITIES
| Ticker | Volume | Value (GH¢) |
| CAL | 5,621 | 2,866.71 |
| GCB | 4,923 | 15,507.45 |
| MTNGH | 1,331 | 1,197.9 |
| GGBL | 68 | 114.24 |
| FML | 13 | 32.5 |
