GSE-CI Surges by 86.88 Points on Buoyant Trading Activity
The Ghana Stock Exchange (GSE) extended its bullish run on Wednesday, with the benchmark GSE-Composite Index (GSE-CI) advancing by 86.88 points to close at 6,433.71.
The latest gains lifted the index’s year-to-date (YTD) return to 31.61%, underscoring a resilient performance amid broader market optimism.
The GSE Financial Stock Index (GSE-FSI) followed suit, edging up 2.45 points to 3,172.95, translating to a YTD return of 33.27%.
Market capitalisation fell marginally to GHS 140.34 billion from GHS 140.36 billion in the prior session.
Trading volumes spiked markedly, with total volume traded soaring by 285.57% to 742,531 shares. Correspondingly, value traded surged to GHS 6.81 million, a 70.23% increase from the previous day’s GHS 4 million.
Leading the gainers’ chart was oil marketer TOTAL, up GHS 0.02 to GHS 25.92, with an impressive YTD return of 89.94%. GLD also recorded notable gains, appreciating by GHS 5.04 to GHS 388.04.
On the downside, MTN Ghana lost GHS 0.02 to close at GHS 3.28, while CAL Bank dipped by the same margin to GHS 0.62.
Telecom giant MTN Ghana dominated trading activity on the bourse, accounting for 655,366 shares traded at a total value of GHS 2.15 million. Other actively traded counters included ETI, CAL, GLD, and FML, listed in descending order of trading volumes.
