• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

GSE turns bullish as returns on equities hit 20%

2 years ago
in Business, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
GSE

GSE

77
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

GSE turns bullish as returns on equities hit 20%

The Ghana Stock Exchange displayed signs of resilience as the GSE-Composite Index during Thursday’s trading session witnessed a modest yet significant surge of 0.41 points, ultimately settling at an impressive 2,932.76 points at the close of trading. This commendable performance translates into a remarkable Year-to-Date (YTD) return of 20%, signaling a bullish turn for the stock market and favorable conditions for investors.

While the broader market demonstrated a notable upward trajectory, the Financial Stocks Index, in contrast, remained steady and unchanged at 1,715.17 points, contributing to a YTD return of -16.44%. This divergence in sector performance underscores the inherent volatility and diversity characterizing the Ghanaian equity landscape.

TotalEnergies Marketing Ghana Plc. (TOTAL), one of the key players in the market, exhibited notable resilience and gained GH¢0.04, culminating in a closing price of GH¢6.76. This upward movement could be indicative of the company’s strategic initiatives, effectively positioning itself to seize growth opportunities in the market.

Remarkably, the trading session experienced a rare occurrence, with no recorded decliners, underlining the robustness of market sentiment and the current investor optimism pervading the Ghanaian stock market.

Total market capitalization, another critical metric reflecting the overall value of listed companies, registered a marginal upswing, concluding the trading day at GH¢71.60 billion. This incremental growth of GH¢4.47 million showcases the market’s ability to generate value amidst prevailing economic conditions.

In terms of trading activity, a total volume of 12,287 shares exchanged hands, amounting to a total value of GH¢25,564.48, encompassing trades across twelve (12) equities. Notably, Cal Bank PLC. (CAL) emerged as the most actively traded stock, commanding an impressive 75.60% of the total value traded during the session.

RelatedPosts

How Stablecoins and Other Financial Innovations May Reshape the Global Economy

Black Stars Miss Chance to Extend Lead in World Cup Qualifiers After Draw with Chad

Gold Price Could See $5,000 if Trump Keeps Attacking Fed: Goldman Sachs

TotalEnergies Marketing Ghana Plc. (TOTAL) secured its prominence as the second most traded stock, witnessing the exchange of 2,859 shares valued at GH¢19,326.84, reflecting the market’s keen interest in this particular equity.

Other notable stocks in focus include RGBH, ETI, and MTNGH, which together accounted for 5,214 shares valued at GH¢3,320.59. Although trading activity displayed resilience, volumes observed during the session were relatively lower compared to previous days, signaling a potential pause in investor activity.

The equities market showcased a mixed but overall promising performance during the latest trading session. The incremental gains in the GSE-Composite Index, coupled with the notable performance of key stocks, hint at the underlying potential in the market, enticing investors with attractive YTD returns.

Nevertheless, market participants remain cautious amid lingering uncertainties and are advised to exercise prudence and comprehensive due diligence in navigating the ever-evolving financial landscape.

Tags: GSE turns bullish as returns on equities hit 20%
No Result
View All Result

Highlights

“You can Invest in Ghana with confidence” – Lands Minister tells Investors

Ghana Shines on Global Stage, Unveils Billions in Mining Investment Opportunities at Australia-Africa Conference

Black Starlets Drawn in Group A for WAFU Zone B U-17 Championship

Atlantic Lithium Secures up to $37.5m Funding for Ghana Project Amid Weak Market Conditions

Bank Of Ghana Sets Gold Coin Price at GHS 44,259 Per Ounce

Africa Prosperity Network Sues Sankofa Advisory Over $300,000 Debt From Africa Oil Week deal

Trending

Business

How Stablecoins and Other Financial Innovations May Reshape the Global Economy

September 4, 2025

How Stablecoins and Other Financial Innovations May Reshape the Global Economy Three years ago, Finance & Development devoted a full...

Black Stars Miss Chance to Extend Lead in World Cup Qualifiers After Draw with Chad

September 4, 2025

Gold Price Could See $5,000 if Trump Keeps Attacking Fed: Goldman Sachs

September 4, 2025

“You can Invest in Ghana with confidence” – Lands Minister tells Investors

September 4, 2025

Ghana Shines on Global Stage, Unveils Billions in Mining Investment Opportunities at Australia-Africa Conference

September 4, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.