Economy

GSE composite Index rises to 4,360.51 points with 39.30% YTD Growth

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The Ghana Stock Exchange (GSE) Composite Index closed at 4,360.51 points, marking a steady upward trend with a Year-To-Date (YTD) return of 39.30%. The GSE Financial Stock Index also saw growth, reaching 2,206.71 points with a YTD increase of 16.05%.

Market capitalization rose to GH¢99.22 billion, an increase of GH¢30.15 million from the previous day.

Trading activity surged, with a remarkable 1,937.50% increase in the volume of shares traded, totaling 435,027 shares compared to the previous day’s 21,351 shares. However, the total value traded dropped by 27.78%, amounting to GH¢1,725,338, down from GH¢2,389,033.

Among individual stocks, GLD and RBGH posted gains, rising to GH¢426.23 and GH¢0.66, respectively. On the downside, CAL Bank saw a decline, closing at GH¢0.26.

CAL Bank led trading activity with 340,309 shares exchanged, valued at GH¢88,545.83, followed by MTNGH, GOIL, RBGH, and GLD, though their trading volumes were lower in comparison.

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