GSE Composite Index closes on a positive note
The Ghana Stock Exchange (GSE) closed on a positive note, with the benchmark GSE Composite Index (GSE-CI) gaining 11.29 points to settle at 6,230.22 points, extending its year-to-date (YTD) return to 27.45%.
The Financial Stock Index (GSE-FSI) inched up by 0.89 points to 3,061.77 points, reflecting a 28.60% YTD gain.
Despite the upward momentum in the indices, trading activity remained subdued, with total market volume declining by 69.29% to 538,819 shares, generating a turnover of GH¢1.53 million.
Market capitalization, however, saw a notable increase of GH¢149.18 million, reaching GH¢137.14 billion.
Equity performance
Investor sentiment remained mixed, with notable gains recorded in:
MTN Ghana (MTNGH): Advanced by GH¢0.05 to GH¢3.20
SIC Insurance (SIC): Climbed by GH¢0.02 to GH¢0.49
NewGold ETF (GLD): Rose by GH¢5.00 to GH¢455.00
Market activity
MTNGH dominated trading, with 411,832 shares changing hands, amounting to GH¢1.32 million in value.
Other actively traded stocks included CAL Bank (CAL), Ecobank Transnational (ETI), SIC Insurance (SIC), and Fan Milk Limited (FML).
SP/MA
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