Ghana Stock Exchange remains unchanged
The Ghana Stock Exchange (GSE) Composite Index has remained unchanged at 6,154.92 points, maintaining its Year-To-Date (YTD) return at 25.91%.
Similarly, the Financial Stock Index closed the day at 3,029.04 points, reflecting a 27.23% YTD return.
Despite no movement in the major indices, the overall market capitalisation edged up by GH¢ 87,000 to settle at GH¢136.20 billion.
Market activity declines
Trading activity on the market saw a significant drop, with the volume of shares traded declining by 59.50% to 303,239 shares. This resulted in a total trade value of GH¢ 607,260.79.
Gold-backed Exchange-Traded Fund GLD was the only price mover for the session, gaining GH¢0.03 to close at GH¢452.25.
Top five traded equities
MTN Ghana (MTNGH) led trading volumes, exchanging 140,993 shares valued at GH¢ 446,442.95.
Other actively traded stocks included Ecobank Transnational Incorporated (ETI), CAL Bank (CAL), TotalEnergies Marketing Ghana (TOTAL) and Aluworks Ghana (ALLGH).
With no broad-based movement in equities, it appears investors are treading cautiously, awaiting catalysts that could drive market momentum in the sessions ahead.
SP/EK
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