Stock Market YTD Return Hits 45.1% as Market Capitalization Reaches GHS 102 Billion
The Ghana Stock Exchange (GSE) Composite Index continued its upward trend adding 12.73 points to close at 4,542.03 points and pushing its Year-To-Date (YTD) return to an impressive 45.10%.
The GSE Financial Stock Index also rose by 2.45 points, ending at 2,242.34 points and delivering a 17.92% YTD return.
The overall market capitalization of the GSE climbed to GH¢102.07 billion, reflecting an increase of GH¢128.62 million from the previous day’s figure.
However, trade activity saw a notable slowdown, with the volume of shares traded dropping sharply to 1,094,439 from the prior day’s 3,422,353 shares.
The total traded value similarly declined by 70.23%, amounting to GH¢2,492,815.47 compared to GH¢8,372,575.25 in the previous session.
Notable price gains were observed for CAL Bank, MTN Ghana (MTNGH), and GOIL, which closed at GH¢0.30, GH¢2.30, and GH¢1.52, respectively, while Gold ETF (GLD) saw a dip, ending the day at GH¢443.00.
MTNGH led the trading activity with 1,025,411 shares exchanged at a value of GH¢2,358,216.47, making it the highest-traded equity.
Other actively traded stocks included CAL, Enterprise Group Limited (EGL), Société Générale Ghana (SOGEGH), and GOIL, though their volumes trailed significantly behind MTNGH.
