Ghana Stock Exchange maintains positive trend
The Ghana Stock Exchange (GSE) maintained its bullish trajectory on Wednesday as the benchmark GSE Composite Index (GSE-CI) advanced by 5.75 points to close at 6,058.28 points, reflecting a robust Year-to-Tate (YTD) return of 23.93%.
Similarly, the GSE Financial Stock Index (GSE-FSI) added 3.33 points to settle at 3,092.22 points, with an impressive YTD return of 29.88%, signalling renewed investor confidence in the financial counters.
Total market capitalisation rose by GH¢17.23 million to end the session at GH¢135.46 billion, underpinned by strong performances in key stocks and increased investor activity.
Market activity recorded a significant spike, with the volume of shares traded surging by 139.09% to 4,918,295 shares.
The surge in volume translated into a total market turnover of GH¢16,291,274.44.
Standard Chartered Bank Ghana (SCB) and Trust Bank Limited (TBL) emerged as the top gainers, closing at GH¢26.16 and GH¢0.91 respectively.
On the flip side, GLD recorded the session’s only notable loss, shedding GH¢18.69 to close at GH¢489.62.
MTN Ghana (MTNGH) topped the chart for the most actively traded stock, with 4,477,962 shares exchanging hands at a market value of GH¢13,433,886.00.
Other equities that featured prominently among the top five traded stocks for the day included Ecobank Transnational Incorporated (ETI), CAL Bank (CAL), TotalEnergies Marketing Ghana (TOTAL), and Standard Chartered Bank (SCB).
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