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GSE Composite Index Climbs 14.73 Points as Market Cap Reaches GHS 102.58 Billion

9 months ago
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GSE Composite Index Climbs 14.73 Points as Market Cap Reaches GHS 102.58 Billion

The Ghana Stock Exchange (GSE) Composite Index recorded a 14.73-point increase on Tuesday, closing at 4,556.76 points and bringing the index’s year-to-date (YTD) return to 45.57%.

The GSE Financial Stock Index also saw an uptick, rising by 20.69 points to reach 2,263.03 points, with a YTD return of 19.01%.

Market capitalization of the GSE grew significantly, reaching GH¢102.58 billion—a GH¢516.71 million increase from the previous day’s figure.

On the trading front, total share volume declined markedly, with 404,322 shares changing hands, down from the previous 1,094,439 shares.

The total value of shares traded also dropped 43.99% to GH¢1,396,181.86, compared to the previous day’s GH¢2,492,815.47.

Among individual stocks, CAL Bank, Ecobank Transnational Incorporated (ETI), and New Gold (GLD) posted gains, closing at GH¢0.33, GH¢0.22, and GH¢444.00, respectively.

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MTN Ghana led in trading volume with 289,467 shares valued at GH¢666,069.80. Other actively traded stocks included CAL, ETI, GLD, and Unilever Ghana (UNIL), although their volumes remained significantly lower in comparison.

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