Ghana Stock Exchange trading volume surges over 566%
Financial stock index recorded modest gains to end the session at 3,432.82 points
The Ghana Stock Exchange (GSE) Composite Index advanced by 4.33 points to close at 6,450.50 points, reflecting a robust Year-to-Date (YTD) return of 31.95%.
The Financial Stock Index also recorded modest gains, rising by 3.85 points to end the session at 3,432.82 points, translating into a YTD return of 44.19%.
Market capitalization saw a significant boost gaining GH¢183.79 million to reach GH¢139.88 billion driven largely by gains in select large-cap stocks.
Trading activity witnessed a sharp uptick with total volumes traded hitting 1,836,963 shares, a remarkable 566.78% jump compared to the previous session.
The total value of equities traded on the day stood at GH¢12,104,992.01.
Among the gainers, GOIL closed at GH¢2.10, MTNGH edged up to GH¢3.03 while RBGH climbed to GH¢0.83.
The price of GLD declined to GH¢365.51.
GCB Bank emerged as the most actively traded stock, accounting for 1,060,964 shares exchanged at a market value of GH¢10,047,329.08.
MTNGH, SIC, ETI, and CAL Bank rounded out the top five most traded equities by volume.
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