BOPP equity hits a new year-high price of GHS 19.95
Trading session on Wednesday on the Ghana Stock Exchange saw Benso Oil Palm Plantation (BOPP) achieve a price gain, closing at a new year-high of GH¢19.95, representing an increase of GH¢0.02. Conversely, GCB experienced a dip in its stock price, shedding GH¢0.10 to conclude the trading day at GH¢3.40. As a consequence, the market capitalization contracted by GH¢25.80 million, settling at GH¢73.98 billion.
Trading activity on Wednesday witnessed a substantial surge, with 9,425,176 shares changing hands—a remarkable uptick of 7070.65%. The total value of shares traded soared to GH¢31,815,236.68, reflecting an impressive increase of 7518.41%. A total of twenty stocks were exchanged during the session.
GCB dominated the market in terms of trade volume, recording 9,310,300 shares traded, valued at GH¢31,655,046.50. Following closely was MTNGH, with 96,479 shares changing hands, amounting to GH¢135,070.60. Other notable stocks in the top five traded included ETI, CPC, and CAL.
Turning attention to the indices, the benchmark GSE-Composite Index experienced a decline of 2.38 points, closing at 3,146.44. Despite this, the index maintained a robust Year-to-Date (YTD) return of 28.75%. The Financial Stocks Index saw a dip of 4.59 points, settling at 1,952.58 points, resulting in a YTD loss of -4.87%.
