GSE Composite Index Rises as Trade Volume and Value Surge
The Ghana Stock Exchange (GSE) Composite Index gained 14.90 points to close at 4,722.95 points, pushing its Year-To-Date (YTD) return to an impressive 50.88%.
Meanwhile, the GSE Financial Stock Index remained unchanged at 2,370.11 points, with its YTD return steady at 24.64%.
Market capitalization also saw an uptick, reaching GH¢109.03 billion, an increase of GH¢221.42 million from the previous day’s figure.
Trade Activity Highlights
The trading session witnessed a significant boost in activity, with the volume of shares traded surging by 204.17% to 606,956 shares compared to the previous 199,547 shares.
The total value traded experienced an even more dramatic rise, up by 1,061.89% to GH¢13,651,400.71 from the prior session’s GH¢1,174,933.36.
Price Movers
The day’s notable price movers included:
- Guinness Ghana Breweries Limited (GGBL): Closed at GH¢5.10
- TotalEnergies Marketing Ghana (TOTAL): Closed at GH¢17.99
- NewGold ETF (GLD): Closed at GH¢389.65
Top Traded Equities
GGBL led the session in trade volume, with 300,000 shares exchanged, valued at GH¢1,530,000.00. The other top-traded equities were UNIL, MTNGH, GLD, and ETI, though their trading volumes were significantly lower.
The sharp increases in trading volume and value underscore heightened investor activity, signaling robust market dynamics on the GSE.
