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GSE Composite Index Edges Higher Amid Mixed Sector Performance

1 year ago
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GSE Composite Index Edges Higher Amid Mixed Sector Performance

The Ghana Stock Exchange’s (GSE) benchmark GSE Composite Index experienced a modest uptick, climbing 11.01 points to settle at 3,958.86 points, translating to a year-to-date (YTD) return of 26.47%.

In contrast, the GSE Financial Stocks Index dipped by 0.88 points, closing at 2,087.74 points, with a 9.79% YTD return.

Among individual equities, BOPP and GLD registered notable gains. BOPP’s share price rose by GH¢0.79, concluding at GH¢23.00, while GLD surged by GH¢4.16 to end the session at GH¢357.06.

Conversely, EGL saw a decline, shedding GH¢0.03 to close at GH¢1.50.

Market capitalization saw an uplift, increasing by GH¢34.43 million to reach a total of GH¢87.48 billion.

Trading activity was slightly more robust, with total turnover rising by 8.32% to GH¢1,451,729.80 compared to the previous session.

However, the total volume of shares traded fell to 509,473, spread across 14 different counters.

EGL led the volume chart, with 324,162 shares changing hands. The market also saw outstanding offers for SOGEGH at GH¢1.55, GGBL at GH¢1.95, and EGL at GH¢1.65, reflecting ongoing investor interest and market activity.

Tags: GSEGSE Composite Index Edges Higher Amid Mixed Sector PerformanceGSE-CIGSE-FSI
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