GSE-CI Opens Week Flat at 6,004.72 Points; Market Cap Declines by GHS 25.15 Million
The benchmark Ghana Stock Exchange Composite Index (GSE-CI) commenced the trading week unchanged, closing at 6,004.72 points. Its Year-To-Date (YTD) return remains at 22.83%.
Similarly, the Financial Stock Index (FSI) stayed flat, ending the session at 3,244.82 points with a YTD return of 36.29%.
Despite the static indices, the market saw a dip in investor confidence, reflected in the GHS25.15 million decline in total market capitalization, which closed at GHS134.10 billion.
Market activity slumped significantly on the day, with a total of 3,803 shares traded – representing a sharp 99.97% drop in volume compared to the previous session. This translated into a total market turnover of GHS792,557.37.
GLD was the sole decliner on the day, losing GH¢8.67 to close at GH¢355.00. The exchange-traded fund also led trading activity with 2,220 shares changing hands, valued at GHS788,100.00.
Three other equities—MTNGH, Enterprise Group Limited (EGL), and GOIL—also saw trades, albeit in lower volumes, ranking in descending order of volume traded.
