SIC, CAL Gain as GSE-CI Falls by 51.45 Points; Market Cap Slumps by GHS 638.78m
The benchmark Ghana Stock Exchange Composite Index (GSE-CI) declined by 51.45 points to close at 6,176.29 points at the end of trading on Tuesday, June 18, 2025. This marks a dip in market sentiment, although the Index still maintains a strong Year-To-Date (YTD) return of 26.34%.
In contrast, the Financial Stock Index (FSI) posted a marginal gain of 2.6 points, ending the session at 3,290.32 points, with its YTD return climbing to 38.20%.
Total market capitalisation dropped by GHS638.78 million, settling at GHS136.33 billion, reflecting the losses recorded in large-cap stocks such as MTN Ghana (MTNGH), which shed some of its recent gains to close at GH¢2.94.
Despite the benchmark decline, trading activity surged significantly, with total volumes hitting 3,404,925 shares—representing a 698.93% increase over the previous session. This translated into a total trade value of GHS12,678,724.63.
SOGEGH dominated the day’s trade, exchanging 3,404,924 shares valued at GHS12.68 million. Other notable movers included MTNGH, GCB, CAL and ETI, rounding up the top five equities in terms of volume traded.
On the gainers’ chart, CAL Bank rose by GH¢0.01 to close at GH¢0.56, while SIC Insurance surged by GH¢0.06 to settle at GH¢1.10. SIC’s latest uptick pushed its YTD return beyond the 300% threshold, reinforcing investor confidence in the stock’s ongoing rally.
No decliners were recorded apart from MTNGH, which lost some ground after recent rallies. The market continues to experience mixed investor sentiment as earnings expectations and macroeconomic signals evolve.