GSE: Market Momentum Weakens as Indices Slip; Trade Volume and Value dip by 97.9%
The Ghana Stock Exchange (GSE) closed lower on Tuesday, December 23, 2025, as mild profit-taking trimmed recent gains despite steady interest in select counters.
The benchmark GSE Composite Index (GSE-CI) eased by 0.08% to 8,751.66 points, while the GSE Financial Stocks Index (GSE-FSI) declined by 0.21% to 4,637.38 points. This left the year-to-date returns at 79.02% and 94.78% respectively.
Reflecting the softer close, total market capitalisation dipped by GH¢95.94 million to settle at GH¢171.77 billion.
Trading activity fell sharply, with volume traded declining by 97.11% to 1.02 million shares, valued at GH¢1.83 million, representing a 98.73% drop in turnover compared with the previous session – marking an average decline of 97.92%.
Gains were recorded in a handful of equities. Enterprise Group (EGL) advanced by GH¢0.02 to GH¢3.48, Fan Milk Ghana (FAB) edged up GH¢0.01 to GH¢7.71, while GCB Bank gained GH¢0.09 to close at GH¢20.10. CalBank (CAL) was the sole decliner, shedding GH¢0.03 to end the session at GH¢0.62.
MTN Ghana (MTNGH) dominated market activity, topping the turnover chart with trades valued at GH¢563,575.95 from 134,505 shares, accounting for about 30.84% of total market value traded. FAB and CAL followed with traded values of GH¢487,803.99 and GH¢392,722.04 respectively.
Despite the day’s marginal pullback, market performance remains firmly positive on a year-to-date basis, supported by strong gains in both benchmark indices and sustained interest in high-capitalisation stocks.
